Sept 2005 Dec 2005
Total Assets = 1.4 million 7.5 million
Total Liabilities =1.5 million 0.5 million
Amazing how ex. longs that sold off on all the warnings of DOOM are trying to downplay everything now hoping the .005 will come back again. This company is 10 times stronger financially than it was just 1 quarter ago. It has a 25 million dollar market cap while NEOM(no better in short-term prospects) sports 170 million area market cap). Oh, besides the 6 million in the bank they paid off a million of debt.
Kick ass change in one quarter-though it was dilutive on a small market cap though. How many companies dilute and you see this balance sheet afterwords on OTCBB-Never happens.
Plus, remember Chips call for international expansion several times in that report-Someone in EUROPE(int'l expansion-I am guessing but he must be expecting something) gave the company 3 million dollars-3 cents a share for 100 million shares-so take 100 million out of OS that you call a dump because it was a premium for someone in EUROPE-Do you think Chip was doing some business on his trips?.
DVD inventory at 2 million rising quickly-We all know that because may of now receive new movies/games in atleast in 2-3 days(Post Office program a success too). A massive improvement.
Website is still the kicker because it will be everything we expected per the Chip. The problem I believe is you are not going to put out a website that needs major work in a few weeks. Make sure it works with POSSIBLE AAFES,CC OR whatever partners we have in the works. I believe we will know all that by Q1 end(not surprised hearing a few in February-lots of talk they want something in place to show CC they have other things in the works-remember everyone wants to be in bed with the hot thing)and the website will be ready to go. I am sure CC loved the 10K. Don't you think struggling competitors want to team up with us right now with a chance of CC rollout, etc.
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