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nobody12378

06/13/12 9:24 AM

#29409 RE: jimmowrey #29408

The revenue issue is pervasive to be sure. Many things do not add up and there have been several hypotheses advanced as to why. According to more knowledgeable accounting types these have little likelihood of being valid. I do not have an answer to those questions; I would hope that some communication would provide answers but I now know than none will be forth coming. I also know that they believe that a very critical factor in getting the PPS moving north is obtaining new financing. There was almost an audible lament in that statement to us. There may be an understandable sense of victimization on their part; the David vs Goliath scenario.

On the missing/diminished revenue front -- did you find any entry in the Q1 that would account for revenue from Zeropoint? I have not.
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DHOLE

06/13/12 10:22 AM

#29412 RE: jimmowrey #29408

Yes! Sure way to get a Loan is to show you don't need one!!
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jimmowrey

06/13/12 10:28 AM

#29413 RE: jimmowrey #29408

Indeed, no sense putting a new engine on a sinking ship!
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StockLearner2011

06/13/12 11:13 AM

#29415 RE: jimmowrey #29408

it can't hide revenue. It's against the disclosure law