This is as funny when you quote it as it was when I first read it ...
"Mr. Philips discussed the financial prospects for the company and
stated that he anticipates that CDEX will become profitable in 2009 given
certain financial assumptions including sales."
"certain financial assumptions including sales"!
Gosh, capnmike, what other ways for a company to become legally and ethically (note the qualifiers) profitable are there? Sales of product usually is the primary way for a company to become profitable, though leases, licenses and royalties and the like could flow to the bottom line, I grant you. Or are there so many other ways, in addition to those, that might not be entirely on the up and up, so many that malc felt the need to add "including sales" into the company's financial assumptions?
Bizarro.
But the good and honorable, non-devious Rev. Phillips anticipates profitablity in 2009. (About time, I'd say, after all these years.) So it must be true, the company will become profitable in 2009, because a man of the cloth would never mislead his company's shareholders, would he? Fershirley not. Nevah 'appen.
On the other hand, maybe we should just wait and see as 2009 rolls around and as the months go on. Surely quarterly reports for 2009 will include the numbers, without any need for any hyperbole. The proof will all be in SEC filings along with supporting figures and material events, right? Or will we have to read the footnotes to find out just where that long-awaited profitablity comes from?
Fershirley you have a thought or two about this. Do share it/them with the rest of us.
