Post by
ramman1 on Dec 20, 2024 12:43pm
Good volume today
CIAO: You replied to a post of mine last week with myself talking about tax loss selling , you saying there is likely ,''very little tax loss selling left'', saying we may see a bit of what you called (personal portfolio rotation ). Whatever it is , there is very good volume of it today .-------- On the subject of M& A , / No way. Our man still has 6986250 cheap options, at various prices /ave .28 ,which he would excersize to enhance control . Then we have the cash on hand of $ 6721.250 plus insured receivables of $ 7698 748 , minus liabilities ,under control of CEO. That might be owned by shareholders ,but only controlled by one . ---- On the topic of costs,YES: (1) Cost of sales ,UP 34%,(2) Operating expenses ,up 32%. The revenue has to keep rising at this rate (36%),and that could be a ''tall order''.------ The surprise was the tax situation ,and of course,not explained. Deferred tax of $ 1 462 000 , and current tax expense of $ 811 233 . Exactly what sort of tax situation, are we in going forward ? .----- On the MDC hook-up /lack of info file. 57000 MDC's total with ''how many hooked up ?? --. Only info we get is re-occur rev of 2.7 mil , up 41% on year . Tells me the boys in the main data room ,are not exactly ,''run off thier feet'' with new MDC hook-up monitoring .