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Re: Meatball40 post# 10906

Friday, 05/09/2014 1:02:53 PM

Friday, May 09, 2014 1:02:53 PM

Post# of 11180
But it is profitable!?!?

Ingen's Telecom Division Begins Generating Profits From Its First & Second Round of Financings and Continues Growth Trend



prof·it
'präfit/
noun: profit; plural noun: profits

1. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

LOL! The telecom division (which I thought was not actually owned by Ingen, but I could be confused) is generating profits. Hmmmm. I wonder how likely that really is. For some reason I am reminded of the PR that stated Ingen was debt-free when that month they had actually done one of the dreaded Ribotsky notes.
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