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Stock_Gambit

10/16/14 11:58 AM

#7066 RE: Luxeguy #7065

When is the Q due?
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TJG

10/16/14 12:20 PM

#7069 RE: Luxeguy #7065

Well not going to get into a back and forth with you...but what I think he means is he can not tell an individual in a private email. I am also not talking about signing at a show... I am talking about, as he said, pallets shipped and their value. Once shipped and billed, it become information that should be divulged to shareholders. Thats why they are public...they take money from shareholder and in return they inform those shareholders what they are doing....they dont just put out forward looking statements with no real substance to them. Least ways not the real and legitimate company's. And I believe this is a very legitimate company and they should release that info.

But telling the public in a public press release is done by 95% or more of all legitimate business in the public domain. Its publicized as estimated earnings if the contracted is fulfilled..or they will give estimated revenue off of what is actually shipped but not what is still waiting for future shipping... and the Q is for actual results from the previous 3 months.

I dont know if this is the only public company you follow or invest in, but telling the public what a contract is worth once its fully executed is absolutely legal. Its done by company's on the NYSE, NASDQ and all 3 OTC tiers. If Veal wants to keep that quiet, then he will always bring suspicion to his releases.
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TJG

10/16/14 12:29 PM

#7070 RE: Luxeguy #7065

Last comment on the subject... If they are willing to put a PR out, like they just did...and tell us that they feel in 2015 this could all generate $5,000,000.00 in revenue. The there can be reason why they can not tell us what the value of the product they just said in a PR in terms of pallets being shipped is worth.

If you can project revenue in a PR, then you can say what you just shipped is valued at. After all they said "we are shipping pallets as we speak" So what are they worth in terms of their billing...