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Re: payperview post# 31318

Wednesday, 05/07/2014 11:45:30 PM

Wednesday, May 07, 2014 11:45:30 PM

Post# of 45244
Also, publication of financial statements where the balance sheet doesn't, where addition of numbers in a column doesn't equal the total at the bottom, and where there are $7.5M of 'Unidentified tangible and intangible Assets -- more than four times annual sales, and this number increased by almost twice the level of sales in Q4 -- should be a huge flag in the DD process of assessing whether the company can be successful as a business.

Also, a year ago the company announced that franchise enabling paperwork had been filed in more than half the country, but there are no active franchises.

However, a review of the company's pps chart and press release history reveals that the company has a strong history of 'pumps' resulting from artfully worded press releases. Most recently, there was a PR about a pending 'article' in Forbes which turned out to be an advertisement.

So, if you are looking for a company that will be financially successful, I don't know if you are in the right place; but if you are looking for a stock which can be traded, you are. You have to decide if you know enough or are astute enough to trade it profitably.