InvestorsHub Logo
icon url

GnomeOfZurich

04/22/09 5:23 PM

#123831 RE: GIBBER #123820

Nice post Gibber!, Nice opinion.
icon url

musclehead

04/22/09 5:39 PM

#123849 RE: GIBBER #123820

I think you may have hit the nail on the head. All you have to do is look at the unaudited B/S for Q2, 3 and 4. The A/R and A/P reveals a very tight cash flow. IMO-Things are not very good in EESO land. Listen to the CC. Jared was very shakey on some questions. Particuly the questions regarding receivables and the question regarding the Korean visit:

-DOW was not the only company represented during the Korean testing
-Actually it was a DOW Korea that was present
-Actually it was a Korean subsidiary of DOW
-Actually it was a Korean company that has worked with DOW

I have worked with many bankers in the past. If a small business owner walked in with financials like EESO's, they would be laughed out of the bank. Audited or not. Bad economy or not. Anyway, CEO's do some foolish things when they are under pressure. Hopefully, EESO's CEO will seek some advice from someone with knowledge before he puts another false and misleading PR out.

icon url

casa

04/22/09 7:16 PM

#123899 RE: GIBBER #123820

Gib, I assume from your post that you an prove that EESO paid suppliers with shares. Please provide proof. If this is true, I find it very plausible.

Casa