By: the_worm06
14 Nov 2002, 01:53 PM EST Msg. 35 of 55
(This msg. is a reply to 34 by 72mesa.)
YAKC FILES 10-Q
SOME THOUGHTS FROM the_worm06
1. Net Revenues for the September Qtr. up by 15% from the June Qtr.
2. Gross Margin percent for the Sept Qtr. DOWN from 37.1% to 34.0% compared to the June Qtr.
3. Net Income for the Sept. Qtr. DOWN 17.3% from the June Qtr., $0.644 million vs. $0.779 million.
4. Very significant amounts paid to related parties, including the Chairman, who is none other than....Charles Zwebner...."deja vu all over again".
5. Two press releases issued today by YAKC about a marketing joint venture. Not one mention of the Sept. Qtr. financials - which show a decrease in quarterly gross margin percent and net income from the June Qtr....not one mention....
in addition....for the first time....a press release is issued by YAKC....... and Charles Zwebner, the Chairman, CEO and President is not quoted or mentioned...at all.
YAKC STOCK PRICE PROJECTION OF FIVE CENTS CONTINUES.
