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Re: ChannelTrader post# 10992

Wednesday, 03/31/2010 5:56:39 PM

Wednesday, March 31, 2010 5:56:39 PM

Post# of 27806
Just another tid-bit about TFZI, a few months ago, when I was investigating the companies SH operates, I deciphered from the financials that Humphries outlaid a total of $9400.00 to start the gold recovery business (not including registration cost), and parlayed it into a cash cow by selling stock into the company.

$9400.00 to start buying gold. What a business. He gets his salary and he pays his marketing firm. I’ve been trying to come up with a gig like that ever since I discovered it. I just can’t stoop that low to take advantage of people, knowingly.

If you don't believe me, go to the pink sheets and look at the first balance sheet. It's all there, including O/S count.

Midwestrader had a point...Best possible year for gold business and TFZI P&L sheet shows a loss of 30 times revenue! Why?