Have you seen the financials?
It's very clear they have no revenues.
Under "revenues" line, they have zero listed, even though JNNE kept putting out releases of "money making deals" over the past couple years.
What is your interpretation of that line? How much more obvious could it be? Nothing but a shell game. As a matter of fact, they look worse than FAMH financials, because at least FAMH had some money coming in, unlike this company.
Here's an example of JNNE saying they had revenues when they actually didn't: jnne.com
"...announced Wednesday that they have initiated a program offering prepaid calling cards as a promotional service to its existing advertising clients through a leading international telecommunication firm."
Where did all its "existing clients" go to by January of 1998? Perhaps they didn't exist?
Also, in May of 1998: jnne.com
"LOS ANGELES (BUSINESS WIRE) - Jones Naughton Entertainment, Inc. announced today they have reached an agreement to acquire all of the assets of Affiliated Marketing Services, Inc. (AMS). AMS is an established, Del Mar, CA based multi-media publisher, advertising agency and media buying concern with annual revenues in excess of $1 Million."
So they buy a thriving business with $1 million in revenues... and in the year following the acquisition, they don't bring in one dollar from it? Why buy a business to shut it down?
They can't even keep their own PR's straight. So in May of 1998 they said "we have a million dollars in revenues"... now they claim "oops, we didn't have any"...
Tell me I read the financials wrong, they seem to be missing all the AMS revenues in 1998 or 1999 from what I can read.
Both can't be true. Reminds me of FAMH and their constantly changing "earnings" which didn't exist.
P.S. You were holding FAMH as a "sucker" long after I and others pointed out that their financial claims were impossible: Message 4563520
You "mistakenly credited" me with showing FAMH was a scam? What, are you buying more? |
