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tommy diamond

06/16/11 6:41 PM

#955 RE: flying dutchman #954

flyman
I guess I would believe the ceo if I were you.
BUT, I'm me, and I have seen this many times before. The company is cash poor, and you will see that in the Q1. The're in a tough business when it comes to cash flow, they need to put out a lot of money weekly and in return they get large check back from customers, but it takes about 3-4 months to get those payments, sure they can make profit once things are up and running for awhile, but we are not there yet, still a year or so away.
Question for you, why do you think they are so late on their Q1? It does'nt make sense right?
I already told you my reason behind the late filing, please share yours.
TD