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robtewms

09/07/17 9:31 AM

#14852 RE: LagunaRad #14843

I missed the profitability part. I read this:

During the second quarter, the Company's share price rose from $0.10 per share in March 2017 to $0.49 by 30 June 2017, with significantly higher trading volumes, and is currently trading at just under $0.30 per share. As a consequence of the increased share price, the Company's warrant liability increased in Q2 2017, resulting in a non cash expense of approximately $700,000, which led to a net loss for the quarter of $(0.05) per share compared to $(0.07) per share for Q2 2016.



I understand the desire to put on a happy face for TMPS. However, the reality is some measures apart from what is being touted day in and day out.

When a company is profitable, it reduces debt, backlog, warrants liabilities. It doesn't make deals with Toxic / Predatory Lenders. It buys back shares. It reinvests profits into the company to make more profits. It distributes a dividend to its shareholders. And, it doesn't hide deals or make the deals then tell the shareholders they're on the hook for millions more debt for refueling planes; all after the fact.