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Sunday, May 28, 2006 7:06:55 PM
release the financials to move to a higher exchange. This will tell us the true revenue's, Assets and Liabilities. This may also give us some insight as to the big owners. In the interview Dan said the audit would be complete in two to three weeks. I am expecting it within three weeks. Dan needs to follow through on this. He already started on the transparency of the company by making the OS and AS available. This will continue those goals.
I wonder how many people would have bought cmkx or qbid if the true OS and AS was published. I wonder how many of us would have held CMKX and QBID if they published financials?
As I have said before all Pinks and OTCBB stocks should be mandated to provide OS and AS numbers on a weekly basis. This alone will let investors know how much dillution is ongoing. With this information a investor can decide if an investment is viable based on a business plan. Some time dillition is OK to raise capital till the business has revenue. Continued dillution can only lead to failure as demonstrated by QBID. As for the dillution in CMKX the jury is still out, but it does not look very promising.
JB77
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