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Re: StockShmuck post# 28487

Tuesday, 09/11/2018 2:04:34 PM

Tuesday, September 11, 2018 2:04:34 PM

Post# of 54153
thats a common term-when i got my accounting degree the term in vogue was 'retained earnings' and a deficit would just be shown in parentheses as a negative number

many mining co's, biotechs and exploration companies have huge deficits before revenue begins- up to 500 million or more

one otcqb co had 50 million deficit and only 5k assets-how is that possible?

to tell how much income was in the last reporting period without an income statement just compare retained earnings or accumulated deficit (whichever term they use) on 1st and last period in the balance sheet

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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