A Great Work in ProcessDon't know why it does not put MPL Communications Inc (Investors Digest, Investment Reporter. Money Reporter, et al) out of it's misery.
Perhaps it hopes to buy it cheaper later!
Just my opinion.
Today, MPL repoprted its 3rd Quarter results: Reduced sales, loss of $228,437 vs. a profit of $109,001 in the year ago period, for nine months the 2004 loss is $439,523 vs a small profit of $46,842 in the year ago nine month period.
Cash on hand has increased to $136,054, as at September 30, 2004, from $91,007 as at December 31, 2003: BUT payables have increased to $1,088,415 from $651,937.
And there is unearned revenue (subsriptions) of $5,521,768 but most of that cash has obviously been been spent (if not lost).
Just more of my opinions.
Meanwhile, LC has been growing and growing and making profits!
These are facts!!!