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Thursday, May 08, 2008 9:12:51 PM
One thing, in their annual (amend) released it says this (I cut and paste):
Outlook for 2008
We plan to meet our cash requirements in 2008 with cash generated from operations.
I have a question, since when do companies with more interest expense than operating income in the latest year 10K get to put out that kind of statement? I'd be VERY curious what the auditors think of that statement. Esepcially when I think DPDW just announced yet another acquisition when IMO there is not a tremendous amount of clarity with what they are already trying to digest (like the Electrowave issues)...
IMO only.
-Can't let it go LOL.
PS- what company is this referring to in the annual (again cut and paste)?:
Most recently, Mr. Chamberlain served as Chairman, CEO, CFO and Director of a publicly traded energy company involved in the development of oil and gas opportunities, primarily in the Barnett Shale of Texas.
Thanx, stay safe with your money PLEASE. But it is your $.
littlefish....better go back and read it all again......you will find your answers...cut and paste excerpts, truly have a different view than the context in it's entirety....do some more DD....it's all there....I believe a YOY of 120% increase, might answer one question....and the new acquisition YOY was 100% increase....get the picture
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