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snowydog

03/30/12 11:42 AM

#26285 RE: surfgreen #26284

Agreed. It has been all the reports. I also like the fact that they do not have debt and are trying to purely cash flow operations.

snowydog

03/30/12 11:42 AM

#26286 RE: surfgreen #26284

Agreed. It has been all the reports. I also like the fact that they do not have debt and are trying to purely cash flow operations.

snowydog

03/30/12 11:42 AM

#26287 RE: surfgreen #26284

Agreed. It has been all the reports. I also like the fact that they do not have debt and are trying to purely cash flow operations.

scoobey-do

03/31/12 2:56 PM

#26296 RE: surfgreen #26284

Yes, I copied the info right off the Annual Report. I was hoping the info would be of use to some shareholders that don't have the time to go to the Annual Report itself.

Did you notice that the Profit/Loss report showed a negative earnings per share even thru they reported a profit for the year? The report showed (0.0186), where it should have reported 0.00005 or 0.0001 earnings per share, if my calc is correct. I divided the earning or $18,583 by the shares outstanding of 371,973,819.

I also liked the fact that they experienced a positive gross margin per share of 27% compared to (30)% gross margin for 2010. Very nice turnaround in the gross margin.

I missed the explanation of what the $60,000 in Other Income represents. Was it for consulting fees?

I am interested in all comments.