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DrContango

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DrContango

Re: eddy2 post# 977

Monday, 08/25/2014 11:48:56 AM

Monday, August 25, 2014 11:48:56 AM

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The web site cost 43 million and sure that is a lot of goodwill paid to the ones who put it together in the form of shares " equity " Revenue its in straight dollars noted by brackets leaving every thing without brackets in thousands of dollars.



Sorry, Eddy, but the entire balance sheet/cash flows etc is in dollars, not thousands. And CYNK's infamous acct valued the website at $43K. Like the rest of the company, the website has no value...

Do you really believe that that website is worth $43 million???

Learn to read financials



Thanks for the advice, Eddy. I'll blow the dust off my MBA and review my old class notes...

Doc

PS: I'm handing this fruitless debate back over to Janice...

a penny stock investor:

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