And you are right mide's statement was about the 2004 restatement. I personally think what they have done lately may look much worse than what they did back in 2004...
And "that" may have triggered the SEC investigation!
Of course we'll never know if the company doesn't finally put out the information...
They have certainly left us in the dark without it.
actually i do have a question for the tech heads.....now that the centerline switches are gone.....what does that mean for VoIP?......anywhere seems to be dead......however the iligue is still up......my question is....how does that work?.....do they need the com swithes....or do they just need servers.....its not that big a deal as i assume this in NOT generating alot of revs....if any......its pretty basic really i already did the 04 and 05 and 06*.....Q1 07 will still have centerling......Q2/Q3 are the ones that will have no revs.....at best its 250k from magic and maybe 100k a month on box sales into the JV.....so at best i think 500k in revs for each of those Q's.....loses will still be quite large......what u really want to look at is the cash burn rate....just how bad is GTEM bleeding.....and how close is it to stopping......at this point the only #'s that anyone should care about are cashflow.......and then only for the last 2 Q's of 07......the most important one will be Q1 of 08......bleeding needs to stop to a trickle.....no blood gushing out missing limbs and trying to call it a flesh wound.LOL
*sorry i had the wrong dates in some of my other post.....we know what 04-06 is.....they all had centerline.....and all need to be redone(last 2 of 06 were never done)...so thats 3yrs of missing K's(2 years of missing Q's).....its 07(this yr) that is the question.....right now GTEM is missing 2 Q's....by mid nov its 3 Q's
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