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Re: oilin07 post# 13043

Tuesday, 02/21/2012 7:24:34 PM

Tuesday, February 21, 2012 7:24:34 PM

Post# of 54959
Are any of you concerned by the following: MWWC, 10Q, pp6-8.

COMPARISON OF THE THREE MONTHS ENDED DECEMBER 31,2011 TO THE THREE MONTHS ENDED DECEMBER 31,2010

And in particular, this:

GROSS (LOSS) PROFIT
For the three months ended December 31, 2011, MWW's gross loss was $(91,684) (41.0%) compared to gross profit of $144,024 (24.2%) for
the three months ended December 31, 2010.

"If additional financing is not available, or is not available on acceptable terms, we will have to curtail our operations."


I have complete confidence in management to turn this ship about, but it is a bit disconcerting when management sugarcoats the reports. Don't you think?