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Re: Andddddyy post# 40710

Saturday, 08/25/2012 12:17:44 PM

Saturday, August 25, 2012 12:17:44 PM

Post# of 80866
Post is dead on, finally somebody puts it like it is. Putting aside the lack of alignment between executive interests and shareholders interests, the company will struggle to ever become profitable with their current profit margin.

Everyone here preaches Revenue growth, but no one is understanding that doesn't change the fact that all but 16% of those revenues are eaten up. With their current ratios, they would have to more than double their revenues PER QUARTER to be profitable (ignoring derivative liability changes). They may be growing, but this is not happening any time soon.

This company is an incredibly dangerous long term investment and a completely unprofitable short term investment. Learned the hard way sadly. GTLA and JMO.