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Post# of 49947
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lilchoker

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lilchoker

Re: None

Thursday, 01/31/2008 2:38:31 PM

Thursday, January 31, 2008 2:38:31 PM

Post# of 49947
It's one thing that I can't understand with G-Money's post (6177). He states:


"Jan. 14 The annual report 10-KSB shows that our last year was for the first time ever for us profitable and we hope to be able to continue with this. Year 2007 we had a
net income of 599,491 while year 2006 we had a loss of $3,069,411"

How can this company be debt free when 2007 WAS THE FIRST YEAR PROFITABLE and net income was 599K, while in 2006 the company experienced a loss of 3M.

Am I missing something? Thanks!

EVERYTHING I POST IS STRICTLY IN MY OPINION - PLEASE DO YOUR OWN DD

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