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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?

To: KLN who wrote (4846)	1/2/2000 11:24:00 PM
From: Q.	Respond to of 7056

If HITT keeps its revenue recognition from LFT flat hereafter, it will use almost all the $10 M from LFT by Mar 31. So far it has used up a tad over $4 M. At $2.8 M per quarter, that would use it almost all up by the end of Q1. I wonder if that is their plan? If so, it would not allow them to claim increases in revenue and earnings. Even worse, if they plan to further accelerate LFT revenue recognition in Q4, then they will be forced to report a revenue and earnings decline for Q1, just about the time that the bill will come due from the HYIP scam lady. Any way you look at it, April is going to be a fun month.