Thank you streets, When an ignoramus like losmashrt [me] posts something here, it means very little, as it shouldn't. When a long time supporter of this company with some knowledge of what's going on becomes fed up with the bullshit, maybe Iain or whoever needs to will take notice that many supporters of this company have had just about a belly full of their crap. Los
McCready added that although the company lost $67.4 million in 2009, and $8.0 million in 2008, "the vast majority of the losses are non-cash charges resulting from ultra-complex and volatile derivative accounting issues".
I think he might have been referring to the "deemed dividend" thing.
I actually emailed Chip H. a couple of years ago asking him to just close the doors until they have a plan and can get it implemented. I can't disclose emails here, but his response was an insult to my intelligence.
Management has a hard time distinguishing fact from fiction. (Or at least that act oblivious)