Replies to post #3447 on RJD Green Inc (RJDG)

[tedpeele]

I just looked some more too, and you are right -- there are some things there that can't be right..unaudited OTC world. I would think they are more apt to have the revenue/expenses right than assets/liabilities, but who knows? The intellectual properties did go up a lot but that's what doesn't add up, so maybe they really didn't! :)

Receivables went up by 100k, and I see about 180k in reduced liabilities, as opposed to the 300k you are seeing, but I"m not an accountant so I can't really piece it together. What's missing too is a cash flow - that would have helped.

[modes948]

I guess it is something they paid for between Q2 and Q3.Perhaps for the Iosoft acquisition.So it is ok.That explains it.So profit was $800,000.We are trading at P/E 1!