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Re: None

Friday, 10/30/2009 1:49:46 AM

Friday, October 30, 2009 1:49:46 AM

Post# of 113083
Question, after taking just a quick look here (since you made it to the top of the board), from what I see, North Bay is earning about $40K per quarter, with a net profit of $11K. Is that correct? If so, how can a company with so many irons in the fire operate on $120,000 a year (subtracting the net profit)? Is that enough to pay more than a person or two, and aren't there substantial expenses? I thought that the auditing process alone costs over $100K. You say in the I-Box that there's no debt? Something doesn't add up. I'll look a bid closer before I invest, but can you two or three people who are doing 95% of the posting shed a little light on their operation? Where's the money, financing (debt) or dilution? Thanks
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