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Ok... lets give them another 400% increase in revenues...
That gives em $1,050,870 in net sales. Their profit margin is around 15% according to Q2 numbers.
Operating expenses $439,789
Interest payments 476,738
Total expenses 916,527
Gross profit 157,630
Loss for Q3 $758,897 paid for by dilution.
Where do they get the money to buy back shares?
Right on.... I think they'll do a reverse split to prolong the dilution....
If Magna has $189,000 in shares left to dump, then at .0007 that would mean they are about to dump 270,000,000 shares. If the pps keeps dropping, then the share number goes up exponentially.
If the fins come out....
Assurances mean nothing.... Fins mean everything...
How long before we lose the QB and go Stinky Pinky???
I wrote .0004.... not .004
.004 probably wouldn't be until after the reverse split.
I think "corrupt" is more accurate then "crazy".
Probably a fat finger error.... they meant to type .0148 but typed .0248.
.0004 by close on Friday IMO
19 Thousand.... how could it be millions when they only traded 16 million all day.
It os today just like it is for many many other stocks....
Wrong.... the 10Q was due on the 31st... 45 days from then is the 14th and 5 days from then is the 19th.... today...
According to OTC Level II:
19,961 at .0248 at 2:14pm
Ask Chuck Arnold.... Customer Relations is his job...
Another FLST character of dubious distinction....
Go up to "Search iHub"... put in "Chene Gardner".... click on "All Posts Search"...
Seems to be just another professional Pink Stinker...
Richard Fixaris what a lovely bunch of cocoanuts:
Brightcube = Out of business.
CKrush = No longer traded.
Flamemaster = Avg volue 36 shares per day. Last trade = Aug 4th, 320 shares.
Neah = 79% off 52wk high.
Organic Alliance = 97% off 52wk high.
Summit Trading = Related to Asher
10K and two 10Qs not released....
10K was due on April 15th
10Q1 was due on May 15th
10Q2 was due on August 15th, today...
In addition, they haven't even filed NT-10Q's to report that they will be filing late. Have they just given up filing financials altogether???
According to the SEC rules, they can get away with not filing 10K/10Q for up to 2 years without penalties.
At some point they will go from Pink-Limited Information to Pink-No Information, after which they will no longer be required to dis-close any financial information to anyone.
What do you think???
1 - Don't worry about it. Perfectly natural for PennyStocks. Keep on buying shares.
2 - Don't know - undecided.
3 - Unbelievably stupid incompetent management.
4 - Put a fork in it... it's over and done....
More like quicksand......
Lemme know when it gets close to .629 my break even pps.
The pps only needs to rise 10,000 percent....
10K and two 10Qs not released....
10K was due on April 15th
10Q1 was due on May 15th
10Q2 is due on August 15th
SeanieMac International Ltd BETS:OTC Pink - Limited Information
How much longer before it reads:
SeanieMac International Ltd BETS:OTC Pink - NO Information
Excerpt from Kevin Blanco email:
Yes, I am the one who said Global does not own any aircraft that can service a SAfrica to Miami route. According to your email, they do not own any.
Kevin Blanco said they bought 3 A340's. They did not.
Your saying their buying A340s. Globals email said:
"That’s true, we are looking into A340’s." That means their still thinking about it.
IMO They are a long way off from starting service.
Thanks for sharing the email... I did not get a reply to mine.
Photo taken in Florida. Thats an Sheltair Truck. No Sheltair service in South Africa.
Two new lows in one day.....
As predicted...
R/S getting closer...
.0006 not showing up on Scottrade as of 3 mins ago
I have already sent email to Global....
Very interesting that NU Venture is only a week old....
It was created on July 30th, 2014.
Thanks.... We will check it out...
Yes, an A330 can do the trip.... But they do not own one... No mention of A330...
Just took this from the Global Website:
- See more at: http://www.g-airways.com/#sthash.dslrCRxA.dpuf
At that time Global did not own, nor has it since bought an A330. It's largest aircraft are A321's. There are no airlines flying A321's across the Atlantic, as their not capable of holding enough fuel to meet FAA standards.
The fact that Global does not own a single aircraft that can make the flight from South Africa to USA doesn't seem to matter to you...
Based on their Q1 net loss of $929,652, they need a minimum of $4,500 per business day. That includes their gross margin of $11,076.
At the current share price of 0.0011 they must dilute an average of 4+ million shares every trading day to keep the doors open.
As of March 31, 2014 they had 8 notes payable totaling $1,077,110. We have only had one filing in regards to them paying off notes totaling $42,000. That leaves a balance owed of $1,035,110 plus interest. The interest on the largest note for $786,300 is 15%. Thats $117,945 per year in interest.
All above information is from their most recent 10Q & 8K filings.
Six months ago the closing price was 0.052.
Yesterday it was .0112.
That's approx an 81% loss.
IMO that says it all about the CEO.....
Is this board as dead as this stock????
Gross profit very good + won't show us net profit = 10K/Q very, very bad
Do I here .0007.......... anyone....
Another new low for FLST on the immediate horizon...
Thanks Thrill.... just gor off the phone with someone who uses it and say it works fine on newer macs.... Thanks again