OTCPK:TFCCF - Post by User
Comment by
Methodon Nov 06, 2018 2:24pm
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Post# 28932293
RE:Please correct me
RE:Please correct meKishmere wrote:
If im wrong? Would all of this money 8.3 million dollars that has been recivied and what will be recived in the next 45 days have been part of of TII's bottom line! would not the stock price be at least 80 cents? And if not? What would it be worth if you ad in the potencial lawsuit from Isreal and then adding a extra 3mil to the mix from our profits? Whats this company worth? 55 cents? Something doesnt sound right if thats the case? If im wrong? Please tell me! Cause if 8.3 mil hit our books this stock would be 80 cents again!!! But in the end we have 12mil in a holding account which means sh*t to shareholders for 1-2 years! Weird s*it out of the blue! If you ask me? Either this company terra firma capitol corporation is the most unlucky company in the world? OR WTF!
You are wrong,
The cash received would just offset the previous receivable. It does mean however that that capital can now be used to make new loans which will earn income. The $3m allowance will hit the book value after tax but that should be mostly offset by earnings in the quarter.