KU6 Media CO., Ltd. (KUTV)

[Hoodviewtj]

I posted this earlier today on the YMB for KUTV and decided to pass it on here:

Huge Loss to be Reported
For those of you unfortunate enough to still be invested here, please read the NT 20-F and 6K filings for 4/24 and you will see that:
1. Sales for Q4 will be BELOW LY & Q3;
2. Sales for 2013 will be $1M BELOW 2012
3. Loss for year will be appx. 34.5M vs 9.5M LY;
4. Cash at year end will be 1.7M vs 13.0M LY;
5. "Based upon certain conditions existing as of December 31, 2013, as well as certain events that have occurred subsequent to December 31, 2013, management has concluded that substantial doubt exists regarding the Company’s ability to continue as a going concern."
6. Short interest more than doubled from 3/31 to 4/15.

I actually tried to sell the shares short today, but my brokerage won't allow it, however, if you have the ability to sell them short, you stand a better chance of making money than by going/staying long - IMHO. Whatever you do, I wish you all the best. You can find the filings at SECdotGOV, don't take my word for it.