RE:RE:RE:RE:Now here is what the News Release did NOT tell you aboutMy take was on the cleverly worded news release put out by this crew's promotion team. The one that bragged about a minor increase in cash but failed to mention a monster increase in Accounts Payable and even used a laughable header "Lithos srengthens financial position"! the one that bragged about $857K in "tangible assets" and their total assets increased to $26 million but doesn't mention that their "intangible" assets are $18 Million and their "Goodwill" assets are another $5 million. They tell you they invested into "growth initiatives" but they don't tell you it was actually an insider's company.
So anybody who just read the NR about the Financial Statements would have a very very different understanding than somebody who actually opened and read the financial statements.