RE:RE:RE:Q3 Financials same samePandora wrote:
Yanje, I will agree with you about Graham. It seems that is his soul purpose in life, It seems he does that on more than just VPT.
But, at the same time I wish the Company would quit putting out this type of statement, "The Company recorded deferred sales for the nine months ended September 30, 2023, of $71,984. This will be recorded as revenue when the clients take ownership of the units.". How many years have we been waiting for someone to take ownership? Sales is always the one gigantic term that is always missing.
I will continue to wait for that one quarterly where they use that old cliche "we are pleased to announce...." and then follow it up with a statement such as "For this quarter we have sold 'x' number of units giving us a revenue of 'x' dollars.
What a breath of fresh air that would be after about 8 or 9 years of giving them away or loaning them out or whatever.
"Hopefully" this does not turn us backwards again awaiting further news on M&A type stuff.
And Jopatio's response about "fud" is a no never mind because I put him on ignore a long time ago. I got tired of trying to read vertically. :-)) amongst other problems with his posts.
I can see why you think the way you do.
Logically, though, if you keep a open mind, you might see another side to the story.
Where you see a sole purpose-others note I am persistent, and I folllow-up.
Where you see me as the first to post on the financials , it is also true that I am one of the very few to present the facts, and dissect the financials or the actual business operations.
After all, isnt that a fundamental role of analyzing equities.
Now about, those whose first response is to criticize those who review facts.
It is very telling, that the first response of many who are in this stock is to begin with ad hominem attacks rather than address the financial data just presented.
That I am the first amongst this cabal of promoters shouldn't surprise. The fact is, if we waited a week or a month, such a post would not appear from most of these promoters.. They will ignore the quarter on quarter, and year on year of the failure to see sales and the lack of traction
They will be supposed I suppose when the company needs to raise money, or in the past when they halted due to liquidity isssues.
Finances and cash flow are the oxygen a company needs to survive.
Did you notice the accounts receivable due in 2024 and cash remaining exceeds the the current cash?
What do you think will happen?
Facts matter.
They always do, and those who seeek to suppress rational discussion, simply expose themselves for what they are.
Reinforcement bias and other biases prevail
I am not here much, and I wont continue to engage in personal squabbles. I am above that. i will leave the board to your repetitive promoter whose nonsensensical babble promoters prefer.