InvestorsHub Logo
Followers 39
Posts 2702
Boards Moderated 0
Alias Born 09/20/2010

Re: rockafuller post# 9202

Wednesday, 02/06/2013 4:57:08 AM

Wednesday, February 06, 2013 4:57:08 AM

Post# of 68829
Here's a clue on the financials being provided: they will come out after an NT filing, to extend the deadline.
Those who know this company can safely predict that. So expect them in about April.

Then it will be fascinating to see whether or not the $18m assets 'bought' from Greenwood have been independently audited. It's safe to predict that they will not have been.

It will also be fascinating to see how they have accounted for:
1. EyeTalk production costs (there must be some provision for costs which have been contracted but not yet paid)
2. Advance sales (there must be some reference to advance sales, which provided some basis for their production levels)
3. Income from Greenwood operations
4. Costs of Greenwood operations
5. Licensing of Greenwood, with FINRA, as a financial advisory company

And the cash flow should show a lot of cash passing through the company (from the activities of Greenwood)

Let's see.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.