Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (1675)	11/2/1998 4:05:00 PM
From: JEFF BERRY	Respond to of 1956

Dear JDN, Thanks for the observation. Based on your comments I referred back to the prospectus and it appears that in 1997 revenues of $25,057,039 were generated from US operations and $2,870,150 were generated from Indian operations. However in the consolidated statement Indian revenues are eliminated, thus reflecting total revenues for 1997 of $25,057,039. Minority income generated from Indian operations is included in the consolidated statement. JDN, If my reading of the numbers are correct it would appear that rather then including 51% of 1997 Indian revenues in the consolidated totals, 0% is the amount that is being reflected. If that is the case then even further adjustments are necessary in order to reflect true comparable 98/97 revenue growth. Prospectus link: quote.com Go to list of Edgar filings for CMND, which can be accessed by selecting a news story from edgar and then navigating to the bottom of the Edgar document. Then select the S-1/A filed 3/6/98 JDN, The document is quite lengthy. The first 57 pages contain the prospectus offering. Beyond page 57 is the consolidated statement. Refer to page F-14 of the consolidated statement for the revenue numbers that I have referred to. Please verify if my understanding is correct or is in need of adjustment. Thanks, JAB