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I think the Financials scared the heck out of everybody. They are ragged (typos and mislabeled columns) and do not address substantively the issues disturbing the reviewers...HUGE Numbers in the OE, a $2 Billion loss in the nine month ended 9/30/2010 and credits in the SGA in 9/30/2010...all this is ODD as hell and normal financial reviews are not applicable. All this had to audited and then explained thoroughly...it just looks CRAZY....
why does the bid keep disappearing...
I could not get any at $.0001...
I was trolling for some suckers
Since you have an in with the CFO ask him when these financials will be audited and why are there some many typos?
I can;t get any shs at $.0001
I don't know...work the math in the column...its really strange...a previous poster questioned the math...i said it works...i am not so sure now...that income is questionable at best with credits in the SGA line and the Interest expense line...or those rebates of expense...or did someone just tinker with the numbers to "make" a profit appear...IMHO....HMMMMMMMMMMM!
I don't know...work the math in the column...its really strange...a previous poster questioned the math...i said it works...i am not so sure now...that income is questionable at best with credits in the SGA line and the Interest expense line...or those rebates of expense...or did someone just tinker with the numbers to "make" a profit appear...IMHO....HMMMMMMMMMMM!
The math works...they have a credit in the SGA category of costs...how do you go from $2B loss to a income in the SGA line the next year and what is that credit and how do you generate a credit in that line...wow...wow....wow....there is no explanation in the notes
George...you could have kept these...
OTC will not remove the stop sign on the basis of these statements. Once they are audited the stop sign will probably go away. The PR better say that auditors have been contracted and the audit will be complete expeditiously...
This could propel the pps forward...
Come on George...lets get it...
The $2B loss in the nine months ending 9/2010 is wild...to say the least...
And the organization has $838M in Additional Paid in Capital with $56 T in revenue...what the hell...
I need to someone to explain this company to me...
Goldmine...."unaudited" does not excuse the mistakes in these financials...math is function of the spreadsheet...columns mislabeled...years with a digit missing etc...
Well how about that...a comeback.
That gigiantic amount for compensation has to be some kind of abberration because it goes in and is washed by some kind of paid in capital entry. The real deficit is about $10M which they admit to...lets see what happens...only a few ran...someone thinks there is a little value here some where.
That is what i am betting on but who the fxxk would let such an incompetent prepare fins with such a "mastdontic" error...that is a bigaxx error...mastadontic...
I hope like hell its better than 2009 and 2010...
Actuallly the accumumlated OE deficit is not that bad considering...if 2011 gets it together it may turn out alright...lets wait and see...
Two things...we need a credible audit and the errors need to be cleaned up......throwing a few hundred here at it maybe worth the gamble....IMHO...
Dumpint $20M for 2K...i don't know...
Plumo...look at the operating statement...$839M for compensation...I hope and think this is an error...but what mgmt team would let shareholders see a fin statement with such a horrendous error...gez and double geez....
Bullchit...its a line item in the statement of operations...resulting in a net loss from operations of $840M
That $839M in comp will kill any confidence a PR is designed to generate...we are all doomed...and then you retire shares in 2010 and then ramp right back up through dilution in 2011...geez...!
Yes...but they could have kept these...
Just a preliminary look...on page two both years say 2009...shouldn't one say 2010...assume typo...which SHOULD NOT HAPPEN...whcih year is which... and i want to know who incurs $838 M in SGA in one 12 month period...will do a more indepth analysis...but initially look fishy...oh look on page 4...on the cash flow statement it says they issued $839,044,942 stock for compensation...holy chit...who in this company is worth $839M...whoa...and that accumulated deficit...if you give out $839M for compensation I guess you would have an accumulated deficit of that magnitude...
We may have been better off if he had kept these...
Previous posters say EOD...looks like everybody is hanging on that...
Audited financials should be worth $.0005 shouldn't it?
Thanks...I hope you are right...I would like to see this get off the ground...
Jamesterry2005...you confirmed the delivery of fins on last friday...where are they...was there a delay or do they exist at all?
I don't think there will any reporting anytime soon...
well...nothing...looks like the football is loose...
I don't think anything is coming...
Well its the EOD and where is this financial news...?
Dang...and i am still looking for santa with his fat axx!
No...EOD to day is better...everyone can take the weekend to digest the financials...others can see financial and make buy recommendations on Monday and maybe some pumper will put it on their recommended list since big news just broke over the weekend. Now the capper would be a nice PR on Monday morning coupled with financials everyone has digested.
Cliches:
To the Moon Alice...to the moon...
Or its time for the big one Goose...
better lets do some of that stock chit George!
Has trading been halted?
Curious that the PPS has not updated since 10AM EDT...perhaps something is coming...
Well its 20 past high noon and its time for the big one Goose...that it looks like won't happen...
This is the AM...where are the financials?
Oh...did it have a positive impact...?
Countdown...day 5 with no news...its friday...i will believe the release when i see it at noon is it...
Why noon and why separate 2010 and 2011...all fin data should be in the same release...that is what credible companies do...
I agree that the PR is the Key...
I hpoe nothing smells in here...
i share this concern...i have seen SO MANY of these where there is sudden burst up on news then a slow grind down because earnings are the real driver of PPS not news but if u are all traders the we have been buying on the rumor of good news then suddenly we all run for the exit when it is announced thus robbing ourselves of larger gains
we will see tomorrow
good luck everyone!
And yes I am still looking for Santa Claus!
This is REALLY thin if 185K shs can move PPS 100%....
It should be only a matter of time.
Yes...i think a lot of that was in response to the Chinese Reverse Mergers. I hope we are right.
Yes...i am sure there is massive red tape as the SEC which did not look at anything before is now crowding the hallways with inspectors stymying the development of startups.
Yes...i am sure there is massive red tape as the SEC which did not look at anything before is now crowding the hallways with inspectors stymying the development of startups.