World Kinect Corp V.INT

Primary Symbol: WKC

Energy Oil & Gas Midstream

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.

NYSE:WKC - Post by User

World Kinect Corp

Bullboard Posts

Comment by michaelon Apr 15, 2015 10:42am

143 Views

Post# 23631490

RE:578% likelyhood of buy-out >>>>

"You can't make this stuff up. laughing"

Yes you can make this stuff up, have you not learn yet?

Ask yourself this very important question question,

Why is DL willfully hiding the source of the revenue?

Knowing that there are no ecommerce sites shown and by hiding the source of the revenue what could prevent DL from doing a few ligit accounting tricks by simply subtracting a number from company A or B ledger sheet (as part of the deficit) and adding it to company A or B ledger sheet (as part of the revenue). After all there is enough deficit to spread around is there?

Because really, in all serioussness WHO IN IS RIGHT MIND WOULD PAY FOR THAT

https://www.tranzactive.com/

Furthermore as per last financial

As of February 28, 2015, the Company had a working capital deficit of $4,216,832. During the nine months ended February 28, 2015, net cash used in operating activities was $2,994,143. The Company expects to have similar cash needs for the next three months. At the present time, the Company does not have sufficient funds to fund operations over the next twelve months.

3. Concentration of Credit Risk

All of the Company’s revenues are attributed to a small number of customers.

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Revenue Recognition

The Company recognizes revenues when completion of services has occurred provided there is persuasive evidence of an agreement, acceptance has been approved by its customers, the fee is fixed or determinable based on the completion of stated terms and conditions, and collection of any related receivable is reasonably assured.

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Digital Widget Factory

Yappn has executed a three-year Master Services Agreement and SOW (statement of work) with Digital Widget Factory to develop and manage a minimum of 200 multilingual E-commerce sites which will include multilingual online marketing through traditional online services and social engagement. Expected first year revenues for the program are estimated to be up to $3,000,000 in revenues (although no assurances can be provided that such amounts will be achieved or profitability realized) with rapid expansion of sites planned for 2016 and 2017. Contract terms allowed for pre-paid fees in association with the project of a minimum of $250,000 plus 20% net profit on the program for the term duration.