CyberKey Solutions fka CKYS

[LoanStew]

sprtcrdlui,
First of all, you speak of things being okay because "we know they're doing business." So was Enron.
Secondly, you are picking and choosing how you portray the UNaudited financials.
Let's look again, shall we?
1.Revenues were supposedly 25 million in the first half of 2006, and 8 million the second half. Right? Okay...so explain to me how the company, when they had net income of 12.15 million (supposedly) in the first half of the year, can have 12.88 million for the year, AND have 12.7 million in retained earnings? That's over 25.5 million dollars in profit (measured one way or another), on supposedly 33 million in revenue, with over 8.7 million in inventory, and 18.8 million in A/R. How is this mathematically possible? IT IS NOT POSSIBLE.
2.End of year report shows SALE OF STOCK-1,085,000.00
Now, that would be computed as shares multiplied by amount per share, which is usually (at least in the regulated financials of real companies) the par value (which on the Pinksheets site is .002). Supposing that is the correct par value (and not .001 as most are), that would mean that it took 1,085,000 divided by .002, or 542,500,000 shares, of stock to account for that line item. Wouldn't that indicate dilution?
3.Why did the "Timeshare" suddenly become "Real Estate?"
4.How did the company operate and produce 25 million dollars of revenues with NO COMPUTERS the first six months of the year?
5.How did "Accrued Salary" become "Deferred Compensation," and go up by almost 50 percent if the company had all that money they claimed? Why would you keep such debt on the books?
6.SIXTY EIGHT BUCKS IN SALES TAX? ROFLMAO!
I'm sure others could chime in with the improper accounting here. And nobody on this board (except Dickmo, which doesn't shock me) will so much as directly address them.
The UNaudited financials cannot be relied on for ANY discussion, unless the discussion is how incorrect they are.
IMO/FWIW