InvestorsHub Logo
Followers 5
Posts 444
Boards Moderated 0
Alias Born 05/01/2013

Re: rokkdatstock post# 31006

Thursday, 08/29/2013 1:27:13 PM

Thursday, August 29, 2013 1:27:13 PM

Post# of 44232
I have already addressed that here is no proof MDHI is profitable yet. Hopefully that will come in the audited 2013 financials. I accept the statement that MDHI has achieved positive cash flow because this specific staement as made in an SEC filing and was not using a forward looking statement for it--at least for 3rd qtr fiscal 13.

As for other's post stateing that MDHI is profitable, either they are fully buying into a forward looking statement--which is a mistake--or they are incorrectly using "positive cash flow" and "profit" interchangeably.

When I ask for proof of something it is because an unknown is stated as fact or something that is incorrect is stated as fact.

Here is an example of something that is unknown. If someone states that MDHI's Ireland contract calls for the sale of the unit only, they may have seen that in a PR or an SEC filing in which case they are correct and can provide that information. If they just think "it makes sense" it is an opinion not a fact.

Here is an example of something that is known and incorrect. If someone says MDHI has diluted by dumping more than a billion shares into the market, that is a verifiable statement can be dis-proven by looking at the structure of the OS from multiple SEC filings that show MDHI which has less than that as unrestricted shares.

If I know the answer and dispute a statement, I do so. If I don't know the answer to something stated as fact, I ask for proof. I do so because having as musc information as possible about MDHI is good for me as an investor and I legitimately want to know if what I am being told is accurate.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WHSI News