InvestorsHub Logo
icon url

khamil

03/31/10 12:46 PM

#7632 RE: glg20 #7631

I think break even or close to it would be excellent numbers relatively speaking.
Also, my concern is why their accounting is not ready by Mar 31. They have minimal payroll/employees, a/r should be black and white, a/p should be up to date if they are on the ball at all, no inventory, and very few things to depreciate. Those should have been set up on a schedule already.
The only thing that I can see to be complicated at all is dealing with a publically traded stock, but that should be set up already too.
icon url

midnite

03/31/10 6:36 PM

#7634 RE: glg20 #7631

Of course, a simple accounting delay........HA, HA, HA, HA, GLG20,
A PRACTICING AIRHEADI THINK THAT BERNIE MADDOFF, SAID THAT WHEN HIS CLIENTS ASKED HIM WHERE THERE MONEY WAS.
iT SIMPLY A ACCOUNTING DELAY!