RE:RE:News flash Daryl, today is 10/30/22, your info is real old!!IsThatYouDaryl wrote:
Its not well known ole Froggy boy......Where and what are they surviving on now...Fumes no doubt and a pp has to be coming at these low prices to boot...I feel for anyone trapped in this stock as its not getting any better for sure...As for football from the evergreen state Seattle wins again
Your friend forever
Daryl
Great post Daryl. The Frog likes to ignore audited financial results so he claims those results are old news and investors should only focus on future possible results which are still in the future.
‘
Those who do not learn from history are doomed to repeat it.’ That quote was written about foolish people like the Frog. Smart investors know those recent Financial Statements are a strong indicator of likely future results for TAAT.
FOR EXAMPLE:
Note: this is not the complete list of problems revealed by the financial statements. The financial statements tell us the following:
1) The company is low on cash and will need to raise funds soon. Net cash used in operating activities in the first quarters was $15 million BUT total revenues was only $985,246. Loss for the first two quarters was $11,157,214.
2) Average quarterly revenue for the first 2 Quarters of 2022 before the HLND purchase was down 25.46% from the average quarterly revenue in 2021.
CONCLUSION: REVENUES WERE NOT GROWING IN 2022 but losses were growing fast. 3) Losses were 11 times greater than revenues in the first two quarters.
4) Trade Receivables were equal to more than 9 months of revenues. Customers were way behind in paying TAAT for goods purchased and we know the largest purchases were made by only one customer and that was HLND.
5) etc. I could go on but smart investors get the drift here.
NOT Daryl.