InvestorsHub Logo
Followers 35
Posts 4996
Boards Moderated 0
Alias Born 12/02/2009

Re: Whiplash_Investor post# 163705

Wednesday, 09/05/2012 3:45:40 PM

Wednesday, September 05, 2012 3:45:40 PM

Post# of 289427

I discount such posts because they always leave out any discussion of the cost of audits. There are always two sides to any story and when posters leave out one, I see their posts as unbalanced and therefore should be skeptical.


If you discount a post about audited fins because it doesn't consider the cost, then the flip side is that the company is aware of the cost, right?

Why, then, would this in an interview they already had a "team in place" and were hiring a financial firm to product audited financials and go so far as to list one on Pink Sheets, if they already knew it was too costly to produce them? Especially when they were diluting heavily with very little apparent commensurate increase in beverage company operations and while also paying to operate a race team?

It's actions like that which engender suspicion about the company's statements and claims as to what they are going to do.

IMO