Monday, June 23, 2008 9:00:05 AM
Incorrect, raggs.
The company (in the last 10Q) attributed their poor results to a combination of increased freight costs and having to buy back units from distributors in order to satisfy demand for other distributors. This is AERP's OWN COMMENT. Not mine.
You cannot double-book revenue. The revenue has to be deducted from one place to be added to another. The filings are clear, as was the PR regarding the filing of the 10Q, explained the same way.
The information is quite valid.
What is not valid is having a "freight/shipping" line mysteriously disappear from the expenses, when you use that very number to blame for poor results.
I have not stated they are not fully reporting. I have stated that as a result of their uplisting to the BB, the SEC will be scrutinizing said filings much more, and there are glaring questions that the company will have to answer for.
I'm guessing an investigation into their filings is right around the corner as well.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
Recent shot of Pete Harding's car...the decals are for whoever is sponsoring the race he's in at that very time...
The company (in the last 10Q) attributed their poor results to a combination of increased freight costs and having to buy back units from distributors in order to satisfy demand for other distributors. This is AERP's OWN COMMENT. Not mine.
You cannot double-book revenue. The revenue has to be deducted from one place to be added to another. The filings are clear, as was the PR regarding the filing of the 10Q, explained the same way.
The information is quite valid.
What is not valid is having a "freight/shipping" line mysteriously disappear from the expenses, when you use that very number to blame for poor results.
I have not stated they are not fully reporting. I have stated that as a result of their uplisting to the BB, the SEC will be scrutinizing said filings much more, and there are glaring questions that the company will have to answer for.
I'm guessing an investigation into their filings is right around the corner as well.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
Recent shot of Pete Harding's car...the decals are for whoever is sponsoring the race he's in at that very time...
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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