<<<<<Little Engine, what I had said, and continue to reiterate is that the numbers that you have used to calculate 3Q earnings was never released in a black and white fashion. Considering that they may have to be refigured, then where does the rest of your argument go?>>>>
Jin Chun,
The fact they have to be refigured, that they weren't right in the first place, WAS my argument. I'm glad you and John Fairbanks agree.
So, why did FAMH put out a press release touting .06 numbers for the third quarter as shown below:
<<<<(PR Newswire) NEW YORK, Nov. 24 /PRNewswire/ -- Firamada, Inc. (OTC Bulletin Board):
....Furthermore, earnings for the 3rd quarter of this year were $.06 per share thus creating a YTD of $.12 per share.....>>>>
Looks pretty black and white to me.
The fall-back argument, i.e., "yes, maybe they released false earnings in the third quarter, but we'll trust them as if the first half earnings were true" confuses me.
Which was it? They either don't know how to calculate earnings, or they knowingly lied?
If you (FAMH) don't know if the earnings are true or not, why trumpet them?
Either scenario bothers me. |
