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Re: imperativity post# 36739

Sunday, 10/31/2010 10:21:33 AM

Sunday, October 31, 2010 10:21:33 AM

Post# of 54875

I only care about 3rd and 4th quarter financials now



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.

Q3 will be released the accountant is working on it now.



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.

Hello 5 year plan!



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.

Think shauno will still be mod then?



ROFL... Happy Halloween, dude! Maybe I'll go as a blind squirrel in search of an oil-covered nut this year! LOL!!!