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 : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Ruyi who wrote (5119)1/10/1999 8:35:00 PM
From: Sili Investor  Respond to of 37507
 
>>>do the math $8.9 cash $3.1 mill.in liabilities end Sept. ($13 mill. losses how paid). Depending on billing period and accounting method used unknown payables . Even with most current placement and accumulating losses they might have 60 days of cash left, maybe. Placement gives hint look just don't read. <<<

Watch a joke! You really don't know how to read a financial statement! It's why they call it a Consolidated Statements of Changes in Financial Position. Consolidated means that you take the companies position at the beginning of the fiscal year, you take all that's occurred over the three quarters, and you consolidate it! Wow, how novel!!

Doug, I'm getting tired of teaching you. You should go back to school and learn how to read financial statements. Again, $8.9M at end of September, $10M in financing = $19M, less $$4.79M loss in last quarter and what do you get? Exactly what Tim, the IR guy said, $15M in the bank. Wow, that was tough!!

Doug, go back to school. And, why didn't you post a link to where everyone could see for themselves. You post garbage, plain and simple!



To: Ruyi who wrote (5119)1/10/1999 8:38:00 PM
From: Sili Investor  Respond to of 37507
 
Oh yea, one last thing!

>>>Even with most current placement and accumulating losses they might have 60 days of cash left, maybe.<<<

If they only had 60 days left from the end of September, well that would be Dec. 1, 1998! Wow, funny how they survived this long! What a joke!

>>>Placement gives hint look just don't read.<<<

You don't know how to read financial statements so you just look at them. Placement means everything. Look at the bottom line of the financial statement, $8.9M after everything is paid. Everything, including losses to date! Period, end of story!



To: Ruyi who wrote (5119)1/10/1999 8:38:00 PM
From: Rich Investor  Read Replies (1) | Respond to of 37507
 
Doug, I realize that you have raised some valid points about BII in the past, and you may or may not be correct as far as the company's cash position goes (have not had chance to read all latest financial statements myself) but do you REALLY belief in BII's long-term potential as you have suggested in the past?
I mean not one of your posts on here so far seems to promote the aforementioned belief you claim to have. Everything up till now has been negative and I pointed this out to you before. Can you provide us with any positive insight perhaps as to where you think the company is headed in the next few months and beyond, or is the current cash positions represent the apocalypse for you now at this stage of the game?



To: Ruyi who wrote (5119)1/10/1999 8:38:00 PM
From: donkeyman  Read Replies (1) | Respond to of 37507
 
Doug, you didn't just write BID.COM has cash$$ did ya.????