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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Traveler who wrote (3511)8/20/1999 1:58:00 AM
From: Mighty_Mezz  Read Replies (1) of 7056
 
Traveler - A valiant effort, but bob doesn't answer questions, especially when the answers would reflect badly on HITT, its officers or directors.

An accounting question. LFT bought out the 200 LCEs for $10 mill, and they're paying over the course of a year. Once they've paid, they're done. Shouldn't this, strictly speaking, be called "non-recurring revenue" instead of offering it up as evidence of earnings growth? It's not like LFT is going to be buying 300 more next year, and 400 the year after that ....

...Mezz - also wondering if Dorian got any tattoos while in the joint.
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