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imiloa

05/15/13 5:36 PM

#28772 RE: VVVVVV #28770

re: "I simply doubt that. If that had revenue Asher could of been paid off."

really?

you do realize they did have revenue.
over $200k per quarter, every quarter from Q1 2011 through present.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8631173
Revenues $251,169 -- For the three months ended March 31, 2012
Revenues $225,215 -- For the three months ended March 31, 2011

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8784051
Revenues $219,618 -- For the three months ended June 30, 2012
Revenues $216,515 -- For the three months ended June 30, 2011

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8925721
Revenues $251,792 -- For the three months ended September 30, 2012
Revenues $241,830 -- For the three months ended September 30, 2011


but they were also operating at a net loss the entire time.

exact figures in earlier posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87957252


if it's unclear why they didn't pay off the Asher $42,500 loan before Sept,
ask yourself why the company needed to borrow a measly $42,500 in the first place, when they booked $251k in revenues that same quarter (March 31, 2012).

perhaps because, despite the $251k revenues, they still had a net loss of $29k that quarter.
http://www.investopedia.com/terms/n/netloss.asp


i think what you meant was, "If [they] had [net profits] Asher could of been paid off."

which would be correct, but clearly isn't the case, based on the financials the company filed with the SEC, publicly available for you to read and analyze in your spare time.
(links conveniently provided above for quick ref...)