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Re: Geryon post# 1595

Tuesday, 09/19/2017 7:27:21 PM

Tuesday, September 19, 2017 7:27:21 PM

Post# of 33157
Does not look good. Obviously I learned about BDCI and read everything. Forward thinking PR means very little to me. Analyzing the financials of BDCI last quarter says a lot, you read my post in the EXAD thread about it.


Here is my quote:

"last quarter BDCI revenue was $332,000 and cost of goods was $55,000. So, 83% margin / 504% markup in consumer goods ... abnormally tremendous! $455,000 in accounts payable and only $123,000 in net receivables ... upside down! In one year they jump from $0 to $413,000 in long term debt and $0 to $50,000 in other liabilities ... why? We could keep digging here but that's enough to get the point across."