News Focus
News Focus
Followers 5224
Posts 24476
Boards Moderated 5
Alias Born 09/20/2000

Re: Argyll post# 4829

Saturday, 01/31/2009 11:37:43 PM

Saturday, January 31, 2009 11:37:43 PM

Post# of 7503
Argyll, to add...

Generally speaking, a company wants to pay salaries and expenses from the Revenues generated from the company. If the company was only generating but so much Revenue at such time as the $135,068 for the year ended 7-31-08 as you mentioned, then the only options are to not pay anything or to simply offer using shares to pay the salaries. I guess he could have taken money out of the $125 million that he sold his private company for to pay salaries and expenses, but that would not have been right considering the reason for existing as a public entity.

From some DD that I have previously done privately and publicly, I don't think that they have any more money issues. I will call the company to verify just to see what they say, but I am humbly asking that you also call the company too and ask some of these questions to see if what we get is consistent.

I really do think that something major is about to be released here in the next couple of weeks or so or less (give or take). Only a guess.

By all means, I am very new to CINT so I don’t want to seem like I’m defending the company dilution trend that had transpired in the past, but I do think that any dilution that happened in the past is just that… in the past. I think CINT will transform to be an investment and not a trade. IMHO

v/r
Sterling

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today