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stervc

03/25/23 2:09 PM

#38920 RE: MC10459 #38919

MC10459, regarding "projected" net income...

Thanks. That's actually what I meant regarding that MGON PR. It's not "actual" net income until such cash for payment for their product and service has been captured to exist as an official transaction of cash. The PR indicated that such was coming, but had not been completed as of yet.

It will also help when they announce the industry leader in Liquid Glass Screen Protection for mobile devices that they have the deal with. If it's a huge multi-billion dollar company, then it shouldn't matter.

v/r
Sterling
Bullish
Bullish
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SYTI

03/25/23 9:59 PM

#38922 RE: MC10459 #38919

Any good accountant or company counsel would not allow their management announce any forward looking statements.
When financials released they can then state revenues increased $ or % increased from previous Qs.
Financials disclose any profit margins. Then company can make true factual statements.
JMO