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work-n-hard

05/13/19 10:16 AM

#12990 RE: EmptyBones #12989

Yes, I agree, READING is key with financial reports.

(U.S. dollars in thousands except share and per share data)
This is common with all companies when dealing with these size numbers.

This is not meant to be confrontational, I was just trying to follow your reasoning.
Thanks anyway.

work-n-hard

05/13/19 12:29 PM

#12992 RE: EmptyBones #12989

Thought this might help. I picked up on what the filing was actually showing because I was investing, as apposed to trading, on the big boards for about 20 years before trading OTC stocks.
I've included some information that might help.
Have a good one EB!

Rounding the financial data down makes reading the financial statement easier. With a page full of numbers, adding the extra digits creates potential issues for misreading the information. For example, reading $122,232,233 next to $122,322,322 can lead to more errors than $122,232 and $122,322. Shortening numbers makes it easier for report readers to scroll through the numbers quickly to extrapolate data and reduces the chance for error.

https://smallbusiness.chron.com/read-financial-statements-thousands-10016.html

Filtersnitch

05/13/19 12:40 PM

#12994 RE: EmptyBones #12989

Welcome to the $blsp board Empty.