HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Janice Shell who wrote (3601)	8/23/1999 7:03:00 PM
From: Q.	Read Replies (2) of 7056

re. "Revenues from quarter to quarter also reflect an increase of approximately 54% in revenues from sponsorship rights and the Company's bid and rank program." I don't understand how this statement in the 10Q can be reconciled with the financial statements, which appear to show a significant sequential decline in non-LFT revenue. The only things I can think of is that the non-LFT revenue must include something other than "sponsorship rights and the Company's bid and rank program", or that they somehow recognized LFT revenue in Q1 despite signing the agreement during Q2. Or they just messed up in making the statement in quotes above. I just don't get it.

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