Wednesday, November 12, 2014 12:01:22 PM
Its like giving someone a piece of paper one year that says I MIGHT owe you $1 million dollars...and recording a $1 million dollar loss that year...and then the next year deciding you really only owe them $100,000 and recording that $900,000 change as income.
Sorry there is ZERO cash being generated by the operations of this company because there is NO REVENUE, and that is the only place money from operations can come from. But there is none.
This company can only pay for stuff with debt or shares.
It helps to understand how accounting works...lest an investor be misled by the company.
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