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Re: Prudent Capitalist post# 2420

Tuesday, 11/24/2015 11:10:39 AM

Tuesday, November 24, 2015 11:10:39 AM

Post# of 3534
Revenues are great, but cash flow should be your foremost concern. Without it, you don't make it to the next quarter. I really think the outstanding issue with delinquent sales and payroll taxes is under appreciated. They're borrowing from everyone, including the government, to keep plodding along. With G&A doubling your gross profit, you're going to be operating at a deficit for a long time, unless you nail down some real contracts, that pay out fast. Problem is who wants to sign lengthy contracts with a company that they doubt will be here next year. Two things Alan and the others need to do immediately, 1.) put together a call to address immediate concerns and 2.) BUY some company stock at $.07 and show a little faith that THEY believe it's undervalued...

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