Sunday, October 31, 2010 10:21:33 AM
I gave up on Q3 after Oakley's report. If you remember, he gave us a sneak peek, and with my awesome 5th grade math skills, I came to the conclusion that they burned through a lot of cash, while adding next to nothing to accounts receivables.
Okay, I'll suspend disbelief for a minute or two. Taking the financials to an accountant or auditor, and issuing audited financials would be a positive step forward, even if the actual numbers are the zenith of mediocrity. It would be a great reason to be reporting late, and could help stop the rectal bleeding.
Of course, the first thing DFS, myself, and a few others will do is a background check on the auditing firm, so Charles should probably pay a bit more for someone with a good record... if that is really what is going on. There's a complete waste of $1500/month currently, IIRC, either way.
At Charlie's age, I wouldn't be buying double-disc DVDs, much less planning five years out! LOL!!! The five-year plan is probably centered around finding 5 more Ginuwines every 12 months or so.
How many Hopium smokers will keep taking hits off of the pipe for another 5 years remains to be seen. There are very few compelling arguments to tie up a substantial amount of capital with Charlie and his "used car salesman". He almost lost the company once, his personal debt is north of $100,000, and MOPN has never had one customer that added anything even close to substantial revenue to the books year-round, up to and including last quarter.
A superior product can only do so much, by itself.
ROFL... Happy Halloween, dude! Maybe I'll go as a blind squirrel in search of an oil-covered nut this year! LOL!!!
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM