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LoanStew

04/29/14 11:58 AM

#135106 RE: LionsTact #135098

How misleading is this?

The market cap is $20 million, but they earned $35 million+ in only 3 QUARTERS!
Numbers and valuations DON'T lie, they just may take awhile to play out. I am adding to my position regularly, and holding long and strong, not worrying about little pops and drops, ...and it's not a 'speculative' stock as far as I'm concerned...they ALREADY make money, have exponential growth potential, and have great products.

2013:
Q1 Revenues = $5,096,700
Q2 Revenues = $13,433,229
Q3 Revenues = $17,527,592



The company, per their own filings, has already written off ALL of the Q1 and ALL of the Q2 to bad debt. Translation: THEY DID NOT COLLECT A CENT.
Further, they wrote off 60 PERCENT OF Q3 "Revenues" in the current (misleading) filing, but STILL ERRED IN THEIR OWN CALCULATIONS by THREE MILLION TWO HUNDRED EIGHTY THOUSAND DOLLARS PLUS!!!!!

The reality of SKTO is it is a share selling scheme, featuring bogus financials intended to mislead the public into believing they're a money-making company, when in fact they are not.

Sorry about that.
IMO/FWIW

LionsTact

04/29/14 12:01 PM

#135109 RE: LionsTact #135098


Didn't TDAmerica Show SKTO 0.02 % owned by Institutions ?....A bank in Florida or something?

If it's true, SKTO will fly very high pretty soon.

http://pharmajanes.com/shopping/view-all