GREY:SLKEF - Post by User
Comment by
legend7on Mar 29, 2008 10:10pm
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Post# 14922020
RE: LBE results are out on SEDAR
RE: LBE results are out on SEDARHey Beer, I will admit I havent poured over the financials as of yet but your statement of "Normally in situation where I have $9 million in payables and only $1.7 million in the bank, I get nervous"
Wouldnt you also have to include the receivables in that statement whcih would be $4,442,523.00??
Also the gross profit you are talking about $.45 million (being generous thanks for that) wouldnt most people who are investing along with the funds look at the number before amortization which would show the gross profit at $4,200,000 or so.
I dont think the 4th quarter numbers look so bad and that is what we should be looking at not the year end since we allready knew the first 3 quarters. I would have obviously wanted to see a better number than we have but I am confident that it will come.
What do you think??
I will agree that I hate this new stockhouse its brutal.
Legend