Friday, August 29, 2014 12:57:43 AM
DOMK Major DD >>Stars are lining for a major announcement in the Annual report and that's why >>>
DOMK is very likely to announce a strong Annual report in the coming days and show nice numbers in it $$ and
here is the logic Behind My DD
if you read the PR back in April where DOMK has reported a substantially improved financial position with its filing of its 2014 Q3 ending February 28th
http://ih.advfn.com/p.php?pid=nmona&article=61837350
you will get to see this in the PR: "DoMark's total assets have increased to $1,555,289. These are book value assets and do not properly represent the company's real asset value. Products are mass market with large margins creating a real asset value that is substantially higher than officially posted. The Company also has a $44.6 million carry forward tax loss which will be very valuable when DoMark's transitions into a profitability in the very near future."
and the interesting point brought Up by this PR is the Carry forward tax loss point,because this could point to an upcoming announcement of a first Profitable year !
seems that DOMK intends to use this carry forward loss soon because they have Profitability to show soon in their annual report
usually for companies A tax loss carryforward is a legal means of rearranging earnings to the benefit of the taxpayer.
seems that DOMK wants to hit it this year after the LABOR DAY
first let's see the definition of Tax loss carryforward
DEFINITION
A tax loss carryforward takes place where a business or individual reports losses on a tax return up to seven years after the loss occurred. Frequently the logic behind this is to reduce tax liability during a year where the income or profits are high if losses were experienced previously. The tax loss carryforward reduces the overall tax liability during the high-earning year by incorporating the earlier loss as a reduction to taxable income.
INVESTOPEDIA EXPLAINS
A tax loss carryforward is a legal means of rearranging earnings to the benefit of the taxpayer. A risk in a tax loss carryforward is that the high-earning year never comes in time to take advantage of the earlier loss
now we can discuss it :
why bringing this point in a PR now ?
by bringing this point in the PR ,DOMK must be expecting to announce a solid Year and show Profitability soon
and the PR is also mentioning "DoMark's transitions into a profitability in the very near future."
and another sign from the PR about it is : "DoMark's total assets have increased to $1,555,289. These are book value assets and do not properly represent the company's real asset value "
the Annual Report on DOMK is expected to come in the coming days
and the way things have been described in April PR show us that we could expect a strong Annual report this year
April PR was already giving us a big hint about a strong Annual report >>>
from the PR
company Finances
The operational loss for the quarter was $439,888 compared to $5,760,097 for the same period last year. The operational losses for the 9 months to date was $1,473,285 compared to $7,874,320 for the same period last year. Net loss per share improved to $0.02 from $0.30 for the same period last year.
DoMark's total assets have increased to $1,555,289. These are book value assets and do not properly represent the company's real asset value. Products are mass market with large margins creating a real asset value that is substantially higher than officially posted. The Company also has a $44.6 million carry forward tax loss which will be very valuable when DoMark's transitions into a profitability in the very near future.
The Company is also pleased to announce that all operational payables are paid up to date with cash on hand and access to funds to successfully run all operations and bring DoMarks suite of products to market.
DoMark's filings are fully up to date and the Company has chosen to become fully reporting."
things are going to be interesting here in the coming days and
DOMK could see a substantial move soon
DOMK is very likely to announce a strong Annual report in the coming days and show nice numbers in it $$ and
here is the logic Behind My DD
if you read the PR back in April where DOMK has reported a substantially improved financial position with its filing of its 2014 Q3 ending February 28th
http://ih.advfn.com/p.php?pid=nmona&article=61837350
you will get to see this in the PR: "DoMark's total assets have increased to $1,555,289. These are book value assets and do not properly represent the company's real asset value. Products are mass market with large margins creating a real asset value that is substantially higher than officially posted. The Company also has a $44.6 million carry forward tax loss which will be very valuable when DoMark's transitions into a profitability in the very near future."
and the interesting point brought Up by this PR is the Carry forward tax loss point,because this could point to an upcoming announcement of a first Profitable year !
seems that DOMK intends to use this carry forward loss soon because they have Profitability to show soon in their annual report
usually for companies A tax loss carryforward is a legal means of rearranging earnings to the benefit of the taxpayer.
seems that DOMK wants to hit it this year after the LABOR DAY
first let's see the definition of Tax loss carryforward
DEFINITION
A tax loss carryforward takes place where a business or individual reports losses on a tax return up to seven years after the loss occurred. Frequently the logic behind this is to reduce tax liability during a year where the income or profits are high if losses were experienced previously. The tax loss carryforward reduces the overall tax liability during the high-earning year by incorporating the earlier loss as a reduction to taxable income.
INVESTOPEDIA EXPLAINS
A tax loss carryforward is a legal means of rearranging earnings to the benefit of the taxpayer. A risk in a tax loss carryforward is that the high-earning year never comes in time to take advantage of the earlier loss
now we can discuss it :
why bringing this point in a PR now ?
by bringing this point in the PR ,DOMK must be expecting to announce a solid Year and show Profitability soon
and the PR is also mentioning "DoMark's transitions into a profitability in the very near future."
and another sign from the PR about it is : "DoMark's total assets have increased to $1,555,289. These are book value assets and do not properly represent the company's real asset value "
the Annual Report on DOMK is expected to come in the coming days
and the way things have been described in April PR show us that we could expect a strong Annual report this year
April PR was already giving us a big hint about a strong Annual report >>>
from the PR
company Finances
The operational loss for the quarter was $439,888 compared to $5,760,097 for the same period last year. The operational losses for the 9 months to date was $1,473,285 compared to $7,874,320 for the same period last year. Net loss per share improved to $0.02 from $0.30 for the same period last year.
DoMark's total assets have increased to $1,555,289. These are book value assets and do not properly represent the company's real asset value. Products are mass market with large margins creating a real asset value that is substantially higher than officially posted. The Company also has a $44.6 million carry forward tax loss which will be very valuable when DoMark's transitions into a profitability in the very near future.
The Company is also pleased to announce that all operational payables are paid up to date with cash on hand and access to funds to successfully run all operations and bring DoMarks suite of products to market.
DoMark's filings are fully up to date and the Company has chosen to become fully reporting."
things are going to be interesting here in the coming days and
DOMK could see a substantial move soon
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