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Re: Moody blues post# 105

Monday, 04/09/2012 2:44:56 PM

Monday, April 09, 2012 2:44:56 PM

Post# of 176
Frankly, I'm lost in his riverdancing. If net revenue was $1,124,143, and Dec was his largest revenue month with $117,729, that left a total of net revenue of $1,006,414.00 for Jan-Nov. What he used as an increase to over $3 million revenue, was the sale of Envirotek. But if you subtract the $2.5 million from the original $3 million figure, you don't get $1.124143 million. So dividing up that 1.006414 million equally across the other 11 months, it would come to $91,492 a month. We already know he was shut down for nearly 2 months with zero revenue... Yet he had a $6.1 million drilling contract with the company that bought Envirotek. He didn't even mention them this time...Looks like a whole lot of smoking mirrors to me.....