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Re: cpw13154 post# 8922

Sunday, 05/19/2013 5:18:06 PM

Sunday, May 19, 2013 5:18:06 PM

Post# of 84325
Again, we aren't talking about a business you start tomorrow. We're talking this business. You continually refer to "profit". Well, the only column in an earnings section of a Q or K, which refers to "profit", is the gross profit. In LTNCs case, they show 1.2 million in gross profit. The net loss/net earnings column is hard for some to understand. New company's often show good gross profit, but a net loss. Often, some figures represented in this column aren't representative of actual cash the company spent or lost. It includes write offs and representative numbers. Have you really looked into this column on LTNCs last 10K?