InvestorsHub Logo
Followers 4
Posts 186
Boards Moderated 0
Alias Born 07/27/2016

Re: Forever Long post# 26178

Tuesday, 08/16/2016 5:21:48 PM

Tuesday, August 16, 2016 5:21:48 PM

Post# of 36208
The equity you reference doesn't exist except as PIC as I mentioned. There were no stock sales and there were no asset sales or the +$5 billion in cash would have been used to pay down debt and recorded as profit, i.e. elimination of Accumulated Deficit and reported as Retained Earnings. The MOR financial statements are dysfunctional as previously reported by the Company that there new system didn't work. The only report you can believe in the MOR are the cash flows.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.