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Omega3Man

06/24/10 8:05 AM

#73886 RE: insanecurrencytrader #73883

You keep bringing up the fact of the market cap here compared to positive cash flow. THERE IS NO POSITIVE CASH FLOW! THERE NEVER HAS BEEN! Its a real company that exists to do one thing...SELL SHARES! THERE WILL NEVER BE POSITIVE CASH FLOW!
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Killtoy

06/24/10 4:09 PM

#73922 RE: insanecurrencytrader #73883

Please show the board some proof of that positive cash flow...
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insanecurrencytrader

06/24/10 4:15 PM

#73924 RE: insanecurrencytrader #73883

That is easy estimated 2010 sales are 9-10 million for 2010 and that was after they slashed estimates and average industry net is generally 10-12% so I calculate a profit of around 1 million-1.2 million based on my estimates imho.
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RichieRich49

06/24/10 4:16 PM

#73925 RE: insanecurrencytrader #73883

LOL DO YOU REALIZE THE MARKET CAP ON THIS THING IS ONLY $700-$800,000 right now? with huge positive cash flow imho. Get a clue.




I believe that lack of positive cash flow is the main impediment to a higher share price right now. If it was positive then they would not to dilute to keep the business going. Of course I know that some shares are for acquisitions and maybe a new CEO, but still, show us the revenue and cash flow.