Replies to post #40851 on Asia Broadband Inc (AABB)

[Cynmark24]

Thanks for sharing the additional info Starman. I hope we get a boost from this news.

On the $16 million, after I posted about it I saw where that information came from. This disturbs me, because of the dependence on "gross profit," which is simply "Sales minus cost of sales," and represents only part of a financial statement, leaving out all the costs of operations, all the salaries, depreciation and depletion. Using gross profit to proclaim a company is doing well leaves out most of the picture. Its like "cherry picking" the good numbers while leaving out the rest of the financial numbers, which may not be so good. If they were good, why would they not be mentioned.

I am long $AABB, but would much rather read complete financial numbers, not just gross profit, which says very little.