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Re: esalad post# 10079

Friday, 07/02/2004 10:03:26 AM

Friday, July 02, 2004 10:03:26 AM

Post# of 19037
Re: BKB Inks Worldwide Alliance With NEC - Noise.

(To Whoms it may concern - A Naked Blake Trade)

I was reviewing their revised annual report posted yesterday.

I have no idea what the differences are between the CANadian GAAP versus the US GAAP - but there are differences in the numbers from one year to another.

Hard for me to understand. If you look at the CANADIAN numbers there is clearly fudging (IMO) going on around 2001-2002. The peak "losses" were in 2001 for the original numbers (reading the 2003 annual report). But in the revised the peak is greatest in 2002. What is hard for me to understand is - if I look at the 2003 report "US GAAP" the numbers revised for 2004 are not much off. On the surface anyways. They are moving to US GAAP to get listed (I've heard that song as much as Cher's
Believe... and until that day, me don'ts)

But I do know the stock is selling off - down a quarter on low volume. To Canucks the numbers aren't as good as they should be.

But what I did find was that the promoter is alive and well and a director still.

Just interesting is all...

Cheers!


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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