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Re: Enterprising Investor post# 420

Tuesday, 11/21/2017 10:37:41 AM

Tuesday, November 21, 2017 10:37:41 AM

Post# of 4301

Blue Dolphin saw an improvement in net income for the three months ended September 30, 2017, reporting net income of $3,945,519, or income of $0.36 per share. Comparatively, Blue Dolphin reported a net loss of $1,938,551, or a loss of -$0.19 per share, for the three months ended September 30, 2016

This is encouraging for sure EI but is it misleading in that the typical contractual obligations to Lazurus & Carroll were absent as a result of the litigation which would considerably effect the "real" bottom line. No?

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