Replies to post #5865 on NightCulture Inc (fka NGHTD)

[timetomakemoney]

Maybe the CEO should do less partying and do more work on securing share structure and making a profit.

[Seekingalphacontributor]

Lost -14k on 'pump and dump' because I was the guy buying between .07 and .11

[Seekingalphacontributor]

2014 Q1 was cash flow positive



That's $41,000 that the company made from operations. There was a $680k adjustment for noncash items.



$41k cash flow and $10k was used in investing in the company. So in the 1st quarter the company had $31k free cash flow.

A lot of companies don't have free cash flow



So cash was $50k and it doubled as a result of financing and positive operational cash flow.

Q1 was a good quarter






Actually Q1 and Q2 were very good quarters for NGHT.



There should never have been a sell off after those Q1 results. The CEO should have explained to shareholders that it had positive cash. that's all.