Umm Robert, last time I checked, there was a big difference between income and revenue.
Some indication of revenue generated from operations would be nice. However, all this financial statement says is that people still owe them money, which they have not collected. A bucket full of promises.
You had mentioned in a previous post your interest in where all of us negative posters were months ago, when this stock was in the toilet. I can't speak for the others, but I personally was licking my wounds over the POP I took on it last year when these 50 million shares "leaked" (yeah right) into the float.
I am glad the company is on its way to compliance with the new regs regarding BB stocks. However, just because you get a nice accounting firm to tell the world that you have a bucket of promises, you still have no more than a bucket of promises. You can gift wrap a rotten egg, and it will still stink. When these same promises are being made by the same people who made them before, (who are also the same folks who allowed all of this to happen in the first place), I have to take them with a grain of salt.
But if you think it's good news, I am truly happy for your joy.
Good Luck,
Binder
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