Here is another way to view it. Profitable means "able to make profits". It does not mean you will see numbers on paper that show profits. It means that could happen, but what you want goes directly against the long term Hemi business plan that you have so heavily invested in.
You want KAA to show small profits on paper for the next ten years.
In one sense I could care less about what it has on paper.
GAAP leaves a lot of wiggle room to present numbers on Income Statements and balance sheets.
It is about production, reserves, growth, finding oil and gas to have the company bought out in the future.
And a third way to view it you are probably seeing the effects of the flooding, which when covered by insurance probably erases that.
And another point. You are trying to make a point by holding up one line on an UNAUDITED Income statement.
