A couple replies.
DA!
I am well aware that Gary justifies the April press release about $ 27 Million ARRR by calling it a "guage." You do not realize, my core issue with this release is that it came at a time that the quarter had ended which would allow the company to address the reduction in revs.
Instead, CBQI fed us the fluff story over disclosing the declining revenue performance. Technically its Gary's selected term. Not mine.
Revenue projection is a standard projection. Confused about that or not, I certainly hope you understand I am not about to fall into the trap of "assuming" the decline was "solely" a result of discontinued operations.
Wich Brings me to your comment in 1868:
Your suspicion was proven erroneous, because the filing clarified the fact that the revenue loss stemmed entirely from the change in the hardware distribution business.
"ENTRELY" never appeared in the Q
Furthermore, the Q completely ignores the question: What percentage of the total reduction in revs was allocated to "core" and "non-core" business? Gary says 100% non-core. When I asked him 'Did core bsiness decline?', he first said "not to my knowledge." Then, later in the night, he omniously states "Rus Fisher told him." Then I ask what are the percenges and he now quoates the vaige line in the Q. This inconsistancy is troubling. On top of all this, he continues to avoid my question. He is detracting attention from the issue with this talk about his preferred choice of analysis. Now I'm currious: Is answering my question that big of an effort for him? Or is he trying to avoid disclosing negative information because it contradicts his prior posts?
I trusted Gary's hype long ago. It cost me then, I wont let it cost me now. He is baised and allows his professional affiliations and vested financial interest affect his judgment.
AND THE BEST FOR LAST: ZEP THE MAN. OR ARE YOU A WOMAN?
Do you have any relationship to CBQI? How many shares did the company give you? Which acquisition do you come with? One of your earlier posts on RB's CBQI is a hype (post # 3068): In it you said:
Gary...thought I would mention that I received a very prompt and thoughful email from John Harris. He was kind enough to take a moment from his busy schedule to address my concerns about the overt manipulation of CBQI by those waskely MM'rs.
One sentence of his response was particularily welcome. He stated "We have applied for NASDAQ listing, and continue to work toward fulfilling ALL of our goals".
Isn't it ironic that a majority of those goals remain unachieved? I suppose only a mature investor would make excuses for and remain happy about this pattern of deciet.
Bix
AI
