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Penny Profit Pro

10/13/15 12:46 PM

#146650 RE: elkonig #146633

...so it's real then??
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Kool Aid Man

10/13/15 4:46 PM

#146741 RE: elkonig #146633

That explains a lot..

The Chimienti contract with ORT/TDEY reads for ten years at $230,000.00 per year plus 20%. You won't see anything like 2.3 million on the books for the 3rd quarter.

As I pointed out before.. there's no way a company with $2.3 million in CASH in the bank would have a market cap of $2.9 million. Imo, Linduff parked his patented asset with a buddy in exchange for an IOU.

So what's he planning to use to generate ORT's income with? Will he be discounting debts and/or royalties owed by Chimienti in order to use the platform he supposedly "sold" to him? Having ones patented cake, protecting it from creditors/shareholders and eating it too?

$230k per year isn't likely to keep the lights on at ORT. Now divide that by 9 billion shares and try to find a profit.