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StockWhisperer

04/22/13 2:04 PM

#42934 RE: nodummy #42932

2013 is a new year with a new team. I vote SKTO!
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Michael-Goode

04/22/13 2:13 PM

#42935 RE: nodummy #42932

That has to be the worst series of financial statements I have ever seen. To go from $500k in CASH at the end of 2010, lose $74k and use up $45k of cash in operating activities in 2011 and end up with $0 cash and $0 assets boggles my mind. Their $64k in fixed assets at the end of 2010 also somehow disappeared without any depreciation in 2011 or evidence that the assets were sold.
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hedge_fun

04/22/13 10:16 PM

#42964 RE: nodummy #42932

The SKTO audits shouldn't take long.....ZERO revs

Not that I think they will come.