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reeltimeking

12/04/07 9:31 PM

#3324 RE: EDCHEW #3322

Well, about ICTN nobody knows anything because they haven't released any numbers. As for RLTR, they released the first Qt, of this year, and management was saying that there were no cash flow problems, and everybody was parroting their words, but the financial statement clearly showed that there were financial problems. One item gave it away. The 30k plus payroll tax liabilities. With about 10 employees that level of liabilities is equal to about ten weeks. But the law requires that federal payroll taxes be paid any time liabilities exceed $2,500, which means they were several weeks in arrears. And I was the only one who pointed out the problem. Needless to say, they have not released anything since then. I wonder what is wrong with the ICTN financial statement that they don't release it either. Give me the numbers, and I can pick it apart in no time. After all, that's the thing I do for a living. Now, I agree I know practically nothing about technology, but I can certainly read a financial statement. And every time I had ran into an outfit that kept it hidden, there was something they wanted to hide. You don't like it. Tough luck. The truth is the truth.