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Wednesday, October 29, 2014 11:37:11 PM
Expect an ENORMOUS increase in the number of O/S shares. Page 1, then do a search for "fully diluted" shares, that number will be even bigger.
So far, any "revenues" have been off-set by massive increases in their sales/general/admin, cost/expense line. It's meaningless IMO to look at "revenue" w/o looking at the expense line at the same time, and then numerous other factors like debt, debt service costs, cost of sales, etc.
There are/were companies with $BILLIONS in revenue, that are/were money losing pits, on the brink of BK or even in BK or vanished from already going BK. Billion dollar bankruptcies or companies with more than a $BILLION in revenue near BK, or formerly BK:
Nortel
Block Buster
Sears
Best Buy
Circuit City
American Airlines
Pacific Gas & Electric
Chrysler
Enron
General Motors
WorldCom (MCI)
Washington Mutual
Delta Airlines
Global Crossing (telcom, fiber optics)
Borders Group (books)
Montgomery Ward
Dow Corning
TWA airlines
There's many, many, many more. It doesn't mean a thing to have $100 BILLION in "revenue" if one can't achieve positive cash flow, make a PROFIT, or for example fund trials that will cost $10's and $10's of millions, pay your existing debts and control your costs and expense line, etc.
Reading the "revenue" line only, is like reading ONE PAGE of a 100 page book. It means hardly anything w/o filling in the full story. Debt, cash flow, expenses, interest costs, etc
There's a whole lot more to a 10-Q or 10-K filing than looking for some "revenue" number.
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM