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What F500 company ? its all imaginary
jmpo
Honestly, I felt DTRO was a scam for quite some time now.
jmpo
DTRO is already Two Months late in filing its Dec/11 10Q.
Probably so broke they can't pay the accountants.
jmo
Total liabilities at 9/30/11 were $12.38 Million.
Nowhere on DTRO's financials does it say Total Debt of $4.4 Million.
The Derivative Liability does inflate Total Liabilities as that is the value of the shares that will be required to pay off the Convertible Loan.
The Derivative Liability has increased even further with the further recent slide in DTRO's PPS.
jmo
Current liabilities
Line of credit $ 100,000
Bank overdraft 30,002
Accounts payable 241,929
Accrued expenses 155,925
Income taxes payable - 1,600
Accrued expenses - related parties 329,000
Accrued interest - related parties 111,809
Derivative liability 7,159,130 -
Convertible notes 3,165,741 -
Convertible notes - related parties, net of note discount of $79,333 - 96,167
Current portion of long term debt - related party 489,082
Total Current Liabilities 11,782,618
Notes payable - related party, net of current portion 606,028
Total Liabilities 12,388,646
I think its also time to extinguish this debt nonsense of $7 or $10 million and label it factual.
DTRO has on its books as of the last filing, Q ending Sept 30 2011 Liabilities of $11.8 million and Total debt of $4.4 million. These figures come from the latest update from Reuters posted on April 6, 2012. This is that section taken from the Reuters report. I am sure there are some here that when it comes to reading a financial report are not up to speed on the difference between Liabilities and Debt... so there may be some DD needed for those folks. If you want to see the full report DD Reuters and anyone can look it up.
Other Current Liabilities, Total 7.2
Total Current Liabilities 11.8
Long Term Debt 0.6
Capital Lease Obligations -- -- --
Total Long Term Debt 0.9 0.8 0.6
Total Debt 4.4
https://www.etrade.wallst.com/v1/common/pdf.asp?reportType=1&wsodIssue=6319284&tiSource=REUTERSGLOBAL&FeedID=696
I agree with you on that one ofspring... the penny market is wound tight, if not for the TOU rule I could list a half dozen stocks that have expolded in the past 2 months on news that much less significant then the naming of a F 500.
And trust me everyone of those stocks has debt that far exceeds the $7 million we showed on our books from the last Q
This is still a good bet in my opinion and as the PPS has dipped I for one have been picking up shares here and there...GLTY
Anything can happen could you imagine it dtro puts out the 500 name iam holding and add while I can...dtro
Just naming the F500 company isn't enough to move this upward.
Larrucea needs to announce positive revenues and decrease the debt drastically.
jmpo
When is/was the year end financial report?
Subpenny if it goes there I will double down look at rfns we already know that dtro can go fast to 4 8 12 real quick.. Anything can happen could you imagine it dtro puts out the 500 name iam holding and add while I can...dtro
Hey Vaas, not since my last post, I'll give it another week or so and call TDG again, last time I called was on the 30th of Mar., I'll post what I find out. GLTY & GLTA
Sub Penny on DTRO is coming.
One morning you wake up and POW ... its fallen.
jmo
any updates Latrod???
Thanks for all your hard work.
Well lets see I would say by the nature of the term PENNY STOCKS almost all penny stocks are closer to sub penny then dollars... and DTRO is a Penny stock...that has not been under a penny for close to 7 months...but its been noted that they could go sub penny on several occasions by a few here... so wrong again I would say.
Easy for DTRO to go subpenny ... its almost there Now.
lolol
jmo
sounds good, I think I will order a new motor home today based on your price projection.I might even have fuel money.DTRO will reward us nicely IMO.evidently someone needed gas money today and sold.
Right about the time you tell me how they will go sub penny ....
Right about the same time you tell me how DTRO is ever going to get to $5 today.
LMAO
jmo
Well if you do some reading you will learn that a company that is under the Chill rule...which Bigfoot says we are under and he knows everything... if your on the Chill list you can not do a RS...
So you tell me how...
How? ... Another Reverse Split is coming???
lmao
jmo
DTRO could go to $5.00 today...
It's the Blu Vu BOV, I posted about, not a Rebreather!
Call Titan Dive Gear to find out about it!
Latrod, could you put out a PR about the rebreather again ?
Probobly next 2 weeks! JMPO
DTRO could go to $5.00 today...
Any predictions on the DEBT on next Q ? I say over 10 mill.
jmpo
BELIEVERS, buy buy buy at such discounted prices. Average down
jmpo
Crimi wasn't the down fall to DTRO he was only the butt boy for Larrucea.
Crimi did exactly what Larrucea wanted him to do.
Keep shareholders believing in SPECULATION and unfortunately most fell for it., LOL
jmpo
DTRO is a stock one can only watch till it hits NO bid.
jmpo
If not today it'll soon
jmpo
Must admit, PR firm is doing a GREAT job,silence is golden just not for shareholders
DTRO could go Sub-penny again today.
jmo
A rebreather that sank on lack of oxygen
UN-ANNOUNCED R/S to " clean up share price " down 90 5 post r/s, lol
Default status on paying annual filing fees
Placed on " chill order list "
Contract with a NAMELESS F500 company going 2 years old
Debt more than 7 million and probably much much more
i know bro.
was just being sarcastic
for time beeing, i forgot i have dtro shares. i want to be like this for anothey few days.
Oh..Oh.. I want to be the first to say it...
She falling fast... grab your hard hats...down we gooooooooooo
Only way to save it now is with a juicyyyyyyyyyyyyyyyyyyy PR...
We are dead in the water...debt is killing us 23 PR in 2011
No chance for this to ever make it back...
LOL LOL LOL
$100 trade,bro.
Oh wait,Henry must need gas for the helicopter,lol.
awesome.
here we go.
40% down
GO DTRO GO
before R/S price is the target.
u can definitely get that
GO GO GO
DTRO is dead in the water and maybe never surface even with the REBREATHER.
Can't blame Larrucea if theres NOTHING positive to report. Like I said long time ago, FLUFF pr season is well over.
Larrucea pumped DTRO up big time over the past 2 years on pure SPECULATION.
We'll be back to using candles as our main source of lighting before the we know the name of the F500 company.
As far as Elasco, steadily losing monies.
Can't to see next financials, my guess is that it's over 10 million if not more.
jmpo
may be they are waiting for Doomsday :)
once they get confirmation that the we are going to 2013, they will release PR.
Justing Kidding. what else can i do :)
And still no PR on DRTO???
Whats the excuse now??
jmo
along with IR, CEO should also go home.
IMO
that's a JUICCCCCY post there bro
good info to know
agreed with u partially.
we cant just blame James for the lack of PR's. he is just a mediator between ceo and investors. what can he do when he dont receive news from ceo
but James does not deserve to be IR of any company. he has poor knowledge
The only positive thing Larrucea has done since 2010 was getting rid of Crimi. if it's true
There has not been anything concrete with DTRO.
Look forward to a tax write for 2012.
jmpo
Thanks latrod... your follow up with this is very much apprecieated by many of us... our time is coming here...patients is difficult, but it will pay off in the long run... have a good weekend.
Called TDG and found out that they have made a small change to the BOV, so they are retesting the BOV to make sure that it is totally safe when the BOV hits the market as an add on for TDG's CCR's, Elaine said it is taking longer than expected to get the BOV to market because of the change!
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