Replies to post #198314 on $Rig's Platinum Penny Alerts

[RIGATONI]

~CBIS .0281 Chart...

2 Year,




~Rig

[RIGATONI]

.0295 going ~Rig

[RIGATONI]

.0355 First resistance broken, super call ~Rig

[RIGATONI]

Sick volume, added a few traders on the pullback ~Rig

[georgie18]

CBIS.. .0375..another runner..yeah...yeah...

[Leigh01]

I did some initial DD on this company. Picked up a few. I think this could be a really good one. Will add as I can here.

TY.

[Leigh01]

CBIS...FYI...Added value for CBIS. Also, CBIS very little debt.

QTRADERQ Saturday, January 14, 2012 7:04:09 PM
Re: A deleted message Post # of 34094

CBIS net operating losses (NOL) since 2005 were $64,526,886. That is not debt. Not even close. That is the accumulation of losses since CBIS inception. These NOL's are lucrative and will save CBIS approximately $15 mil in Federal income taxes (in future years) when CBIS begins generating profits.

Debt, on the other hand, is money that has been loaned to CBIS. From reviewing CBIS Balance Sheet as of September 30, 2011, they have very little debt. The only debt on their books was from a Note Payable to Stockholder's for $188,055 which is listed as 'Current' since management intends to repay it within twelve months. (As far as Accounts Payable and Accrued Expenses, they is not debt either, rather unpaid invoices from operations.)

btw, I'm a CPA, let me know if you have any other accounting questions. Will be glad to help tomorrow or Monday as time permits.

[Leigh01]

CBIS...One more thing...

On Friday, someone bought 1,927,111 shares @ .0395.

I think that's about $75,000.00.

http://www.alphatrade.com/com.alphatrade.servlet.http.quote.TimeSaleServlet

[RIGATONI]

~CBIS .046 Chart,

2 Year, Looks like an attack of that .05 resistance based ont his chart imo,




~Rig

[georgie18]

CBIS.....I remember when.....

[JUST 10-11-12]

yes,,,could not find your first post.

nice