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roerules

03/14/07 9:56 AM

#70367 RE: tmcc #70276

TMCC, Maybe you could help me out. Was wondering what facts you were basing your positive view on. I haven't been able to find any. Maybe I'm just not looking in the right place. Here are some of the facts that I know about:

--JP increased o/s from 100 mill to 700 mill in 2006 (probably even more that we don't know about).
--JP lied by booking the entire 25 million contract as revenue on 6/30/2006 statements before he shipped the product.
--JP showed a 15 million increase in book value at year-end 2006 with only $700K in new earnings recorded during the second half.
--No one has been able to confirm the existence of a real contract or purchase order with the government.
--JP confirmed on video that the 2006 audit and 2005 audit were complete. This was before he released those ridiculous 12/31/06 financial statements. It appears that we cannot even confirm that an audit was underway.

I am beginning to suspect that posters like you actually work for ckys the company.