Replies to post #21915 on OracleTrading

[was RocknRolla]

That one in the green t-shirt is an "all day buffet!"

[Bull Trader]

this one: http://investorshub.advfn.com/boards/board.asp?board_id=4112

[Bull Trader]

NFLX getting hammered in after-hours trading.... hate that pig.

[Bull Trader]

A bash on me and FRPT here by anniebonny from another board (i do not recommend wasting much time at)...must suck to always be on the wrong side of the coin. FRPT price per share at the time of her post was less than $2 ~ now look at it. LOL.

Re: Blue Horse Shoe - Mr. Optimistic
By: anniebonny in FAKE
Mon, 24 Mar 08 10:39 PM Msg. 08604 of 09062
Blue Horse Shoe is getting desperate - cripes look at his post on FRPT - and then read the PR from today.
http://www.atomicbobs.com/index.php?mode=read&id=273845

Posted by: Blue_Horse_Shoe
In reply to: GhostRM who wrote msg# 8429 Date:3/24/2008 8:33:44 PM
Post #of 8448

I agree...next stop $5...the bottom has been in for a week. imo

Posted by: Blue_Horse_Shoe
In reply to: blackpearlbenz who wrote msg# 8447 Date:3/24/2008 10:12:13 PM
Post #of 8448

Profitability
Profit Margin (ttm): 8.10%
Operating Margin (ttm): 7.69%

Management Effectiveness
Return on Assets (ttm): 10.81%
Return on Equity (ttm): 27.82%

Income Statement
Revenue (ttm): 504.13M
Revenue Per Share (ttm): 7.848
Qtrly Revenue Growth (yoy): 389.30%
Gross Profit (ttm): 37.02M
EBITDA (ttm): 43.51M
Net Income Avl to Common (ttm): 40.84M
Diluted EPS (ttm): 0.60
Qtrly Earnings Growth (yoy): 1601.00%

Balance Sheet
Total Cash (mrq): 72.27M
Total Cash Per Share (mrq): 1.059
Total Debt (mrq): 566.15K
Total Debt/Equity (mrq): 0.002
Current Ratio (mrq): 2.61
Book Value Per Share (mrq): 3.577

http://finance.yahoo.com/q/ks?s=FRPT


Posted by: Blue_Horse_Shoe
In reply to: Wildbill729 who wrote msg# 8422 Date:3/24/2008 4:29:02 PM
Post #of 8448

Im very optomistic!!!!!


******************

Optimistic??? cripes they just got a delisting notice and the Auditor quit!
***********

Force Protection Receives Delisting Notice Due to Delay in Filing Form 10-K and Announces Resignation of Auditor
Force Protection, Inc. (NASDAQ:FRPT) today announced that on March 19, 2008 it received a notice from the staff of The Nasdaq Stock Market stating that Force Protection is not in compliance with Marketplace Rule 4310(c)(14) as a result of not filing with the SEC its Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and that Force Protection is subject to having its stock delisted from the Nasdaq Capital Market. Force Protection has requested and been granted an oral hearing before the Nasdaq Listing Qualifications Panel to review the Nasdaq Staff determination on its continued listing, which will result in Nasdaq providing Force Protection with notice of a hearing at which the Panel will consider whether such delisting is appropriate. The hearing request will automatically stay the delisting of Force Protection’s common stock pending the Panel’s decision. There can be no assurance, however, that Force Protection’s stock will not be delisted.

Separately, on March 18, 2008, Force Protection was informed by Elliott Davis, LLC, the Company’s independent registered public accounting firm, that it was resigning as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2007 effective immediately. The Company’s Audit Committee has accepted this resignation. Although the Company is in the process to engage a new independent registered public accounting firm, one has not yet been appointed.

Elliott Davis, LLC was appointed by the Company’s Audit Committee on November 10, 2006 to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2007. Elliott Davis, LLC has not completed an audit or issued a report on the Company’s consolidated financial statements or internal control over financial reporting for the year ended December 31, 2007.

Elliott Davis, LLC stated that the material weaknesses reported by the Company in Form 12b-25 on March 3, 2008 and, in its professional judgment, the Company’s lack of internal controls necessary to be able to develop reliable financial statements at this time, prevents Elliott Davis, LLC from completing its audit and forming an opinion. There have been no disagreements with Elliott Davis, LLC regarding any matters with respect to accounting principles or practices, financial statement disclosure or audit scope or procedure, which disagreements if not resolved to the satisfaction of Elliott Davis, LLC, would have caused them to make reference hereto in their report on the consolidated financial statements for 2007.

The Company’s Form 12b-25 filed on March 3, 2008, explains certain material weaknesses in internal control over financial reporting identified by the Company for the year ended December 31, 2007. The Company’s Form 8-K filed on March 3, 2008, stated that it expects to restate its previously reported interim consolidated financial statements for the three and nine month periods ended September 30, 2007, as a result of errors discovered by management during its year end review of the accounting for accounts payable errors associated with inventory purchased from a sub-contractor as a result of a contract termination. Management presented its findings to the Company’s Audit Committee and is continuing to examine the Company’s accounting for such transactions and to determine if these errors create additional control deficiencies that could impact our assessment of the effectiveness of internal controls over financial reporting.

For further discussion of previously identified material weaknesses refer to Item 9A of the Company’s Form 10-K/A for the year ended December 31, 2006 as filed with the SEC on October 15, 2007.

About Force Protection, Inc.

Force Protection, Inc. is a leading American designer, developer and manufacturer of life saving survivability equipment, predominantly ballistic- and blast-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, the Cougar and the Buffalo, and the Cheetah, are designed specifically for reconnaissance, forward command and control, and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company is one of the original developers and primary providers of vehicles for the U.S. military’s Mine Resistant Ambush Protected, or MRAP, vehicle program.

For more information on Force Protection and its vehicles, visit www.forceprotection.net.

Safe Harbor Language

This press release contains forward-looking statements, including statements regarding our continued listing on The Nasdaq Capital Market, the estimated timing for the filing of restatement of our financial statements set forth in the Quarterly Report on Form 10-Q for the period ended September 30, 2007; our expectation with regard to management’s evaluation of internal control over financial reporting, including management’s inability to remediate weaknesses identified in this notice; the scope and number of material weaknesses in internal control over financial reporting and their potential impact on the restatement process and estimated 2007 reviews. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on beliefs and assumptions by Force Protection’s management, and on information currently available to management. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual result to differ materially from those contained in any forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. These risks and uncertainties include, but are not limited to, potential claims or liability that could arise as a result of the Company’s restatement of its financial statements; our ability to identify and remedy internal control weaknesses and deficiencies; our ability to effectively manage the risks in our business; the reaction of the marketplace to the foregoing; and any further errors in our accounting that we may find which could cause us to restate our financial statements for additional periods; and other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Form 10-Q for the quarter ended September 30, 2007.

Force Protection, Inc.
Tommy Pruitt
Senior Communications Director
843-574-3866
or
Investor Relations:
ICR, Inc.
James Palczynski
Principal and Director
203-682-8229



Source: Business Wire (March 24, 2008 - 4:06 PM EDT)

News by QuoteMedia
www.quotemedia.com

http://www.atomicbobs.com/index.php?mode=read&id=273845