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Technology Stocks : MBT International Inc. (MBTI)

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To: df who wrote (179)6/23/1999 8:24:00 PM
From: Pareto  Read Replies (1) of 212
 
df, some questions:

1. Why it took four months to prepare the results?
2. What was their revenue the quarter before?
3. Do they have a PE of 600?
4. How can their salaries be so low, is it just Andy and the webmaster running the site?
5. If sales figures and earnings are still so small, how can they have those high retained earnings on the balance?

REVENUES
Sales $ 466,001

GENERAL AND ADMINISTRATIVE
Amortization $ 16,637
Salaries $ 29,615
General & administrative expenses $ 365,504
-------------
Total expenses $ 411,756

Net income $ 54,245

Retained earnings, beginning of period $ 4,612,107
Retained earnings, end of period $ 4,666,352

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