SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daniel Miller who wrote (5915)3/23/1999 10:46:00 AM
From: Retired41  Read Replies (3) of 9115
 
Daniel, you just don't understand.

Running a successful business, ESPECIALLY one like what ABFG purports to be, requires knowing where you are at all times. In a business that means always knowing your financial position. Not doing so is why most businesses fail. The CEO is quite familiar with failure which should scare you.

If they can't post an audited financial immediately they are simply either avoiding posting bad news, or incompetent as they don't have one and apparently don't care. Would you want to go to a basketball game where they didn't keep an official score... just letting the players and fans keep it in their head? I think not.

Follow me on this one? It is a VERY bad sign that they don't have a statement to post. Reporting to SEC is a totally different story.

Remember an AUDIT quality statement with full notes is what is needed. Without one they could not even borrow significant money... of course that might be why they have issued stock.

Good luck with this pick, as bottom line, that is what you are counting on.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext