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Alias Born 05/20/2013

Re: Long-vestor post# 5437

Thursday, 08/22/2013 2:00:39 AM

Thursday, August 22, 2013 2:00:39 AM

Post# of 20265
total revenue thru ECOB's history amounts to $9,440,446 until end of march 2013.

6/30/2008 $5,119
6/30/2009 $8,332
6/30/2010 $224,499
6/30/2011 $1,338,962
6/30/2012 $3,723,374
3/31/2013 $4,140,160
Total Revenue $9,440,446

Accumulated deficit; March 2013 (32,487,338 ) June 2012 (21,440,050 ) = $11,047,288 burn up cash!!



WOW! he has spent almost 3-1/2 times revenue thru company history!

yeah. history has nothing to do with the future of this company. his old spending ways are over and done. i am SURE that credible financers are beating down the doors to get at this company. why can't you get this thru your head?

so, if his judgement has been this bad over the past 5 years, what makes anybody think he is making big margins on the HD business? more likely, he is selling at a loss. the numbers just don't add up.
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