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Re: Pikachu_ post# 80739

Saturday, 11/09/2013 2:20:14 PM

Saturday, November 09, 2013 2:20:14 PM

Post# of 148373
Just to make sure we are on point here... The financials released reflected 2012 and not 2013. They were filed solely for the purpose of getting SEEK up-listed, not to WOW us with numerical values.

Even if the filings were bad (which they are not), says absolutely nothing about it's current status. On that point, the filings reflected 500k in revenue and a profit of roughly 6k. Money needs to circulate around the business cycle to keep growing and expanding. What the filings told me is that they are re-investing into the company in a responsible way (if they weren't there wouldn't be a profit). Why does everyone think a successful company is one that has high cash reserves in a bank that just depreciates with inflation?