Got the spam mail today too. Noticed it corresponds with a price crash - almost always means the spammers received shares, and are dumping into their own news.
So the spam says they have 6 month revs of $73,000,000. However their last filing 10QSB from 11/14/2007 shows MUCH smaller revs, of $77,247 and gross profit of $32,597. Is that spam mail BS? Did the $73,000,000 come from acquisitions, not their Trustcash web site? If this is rounded to thousands (the $77,300 would match), they need to say it's rounded to thousands. They fail to mention the rounding, which is VERY important here. Did the Spammers make an "innocent mistake" and think the revenues were in fact rounded in thousands?
Trustcash 10QST 11/14/2007: Gross Profit Gross profit for the three months ended September 30, 2007 was $5,423 as compared to gross profit of $5,836 for the three month period ended September 30, 2006, a decrease of 7%. Gross profit for the nine months ended September 30, 2007 was $32,597 as compared to a gross loss of $33,660 for the nine month period ended September 30, 2006. The decrease in gross profit over the three month periods is due to an increase in sales commission and website fees. The transition to a gross profit from a gross loss over the comparative nine month period can be attributed to the increase in revenue in the current period in addition to the re-branding and redirection of Trustcash™ from physical cards to on-line sales. We expect our gross profit to increase in future periods.
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