Tuesday, April 05, 2011 4:05:10 AM
http://investors.tigrent.com/phoenix.zhtml?c=135427&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDExMDQ2NTktMTEtMDE3ODEyL3htbA%3d%3d
You won't see another 10k for some time, if ever.
Which of course means you will never be able to verify whether any of TIGE's pronounced objectives for 2011 are ever achieved - at least not through audited accounts:
"Outlook
The Company's 2011 operating plan, as approved by the Board of Directors, calls for total cash sales of $81.5 million and adjusted EBITDA of $4.0 million, as those terms are defined below. The 2011 operating plan assumes, among other things, that the Company can effectively execute the business initiatives outlined in the 10-K and does not encounter material negative outcomes as a result of the risks and uncertainties implicit in any plan or those described in the Risk Factors section contained in the10-K. For the first quarter of 2011, the Company currently estimates that its cash sales were in the range of $21.0 to $22.0 million and that its Adjusted EBITDA was in the range of $2.1 to $2.6 million; however, the results are subject to quarter-end review, and there is no assurance that the actual results will be within the indicated ranges."
http://investors.tigrent.com/phoenix.zhtml?c=135427&p=irol-newsArticle&ID=1546571&highlight=
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
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