InvestorsHub Logo
icon url

free_man_n_paris

07/01/09 12:21 PM

#50 RE: KJ #49

If you look at their financials, they've had a few thousand in revenue for the last 3 qtrs combined. That includes zero dollars in the most recent qtr.
You want a company that makes a profit, that's the bottom line.
How do you make profit on zero revenue?

The latest PR contract is one for them to purchase, not sell.
Had it been a sales contract this would have taken off.

At this point I can see this going much lower. There is just no reason to buy this stock until they can show that they can bring in revenue, while spending less than they make.
Hence, you have profit.

If I had shrs, I would take my lumps and sell, cause short term I don't see it going anywhere but down.
GL to you regardless