Replies to post #23460 on Zicix Corp (ZICX)

[blademan]

I don't find it odd at all that a company wants to aquire another company to improve it's potential growth market place. And, or do a share buy back to improve it's share value. That's what companies do Ket!

[MikeyMouse]

First off Ket read their financials. Although unaudited there is revenue. Second off, there are plenty of companies that don't drive revenue that acquire companies who do. Business 101.

Why wouldn't a company want to acquire another company for its revenue? You make no sense. My company which I work for was acquired by a larger organization because we drive about 35 million a year and are very very profitable.

So was that a bad acquisition for the company that bought us? I thought you had some technical analysis that was going to define reasons for not investing?

Give me a reason why acquiring another organization for its revenue is a bad investment?

UPDATE: FInancials in 2009

Third Quarter 7/1/09- 9/30/09 Sep 30, 2009 2009 Year to Date
Gross Revenue
Less Contractual Adjustments
Net Revenues
Gross Profit
Operating Expenses
Operating Profit
Earnings Before Taxes
Income Taxes
Net Income
$860,158 $2,153,938
($645,159) ($1,615,494)
$214,999 $538,444
$214,999 $538,444
$264,979 $994,349
($49,980) ($455,905)
($49,980) ($538,444)
($49,980) ($538,444)

[G3RG3]

THats actually an outstanding business model....Get something for nothing