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Re: GoldMember post# 137105

Friday, 05/23/2014 2:03:24 AM

Friday, May 23, 2014 2:03:24 AM

Post# of 298910
LOL. Thats not how corps build management teams. Look at this one, pay the CEO $56k, yet he had 3Billion in shares. They will give those shares to the a management team. This company is getting more business savvy, yet they know their in an eCard market where eveyone and their brother is vying for a slice.

They don't have a Million in cash, its working capital, read the fine print. Go back to the annual report. Again, most of their NET is receivables and many are still processing. Corps like to include receivables as revs but many fail to list Receivables Uncollectible. But, hey these aren't audited fins. In most cases, 12% of credit card receivables are NOT collectible.

I know how to read a balance sheet. GLTU.

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