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

To: Cameron who wrote (27114)4/27/1999 3:50:00 PM
From: NTT  Read Replies (1) | Respond to of 37507
 
Ok, I was wrong. Now after the break they will have the REAL interview with Yorktons Scott Patterson. Hopefully I'll be able to grab the caption from that interview properly...



To: Cameron who wrote (27114)4/27/1999 4:00:00 PM
From: Ruyi  Respond to of 37507
 
We are not talking about something a business gave as an add on to a sale .We are talking about buying goods for $100 (cost of sales ) selling it for $90.00 and putting that $10.00 loss into advertising and promotions . That has an effect of increasing gross margins when in fact there are none . GAAP I wonder ???



To: Cameron who wrote (27114)4/27/1999 4:04:00 PM
From: ideaman  Read Replies (2) | Respond to of 37507
 
Cameron, you sound like an expert on accounting questions and I would like to ask you whether or not you believe the gross profit reality with BIDS is a 'real problem' or something not to worry about? DOn't accountants worry if there is no bottom line? Please let me know.

<<The TSE and SEC have already reviewed these statements and are already aware of generally accepted accounting procedures.. usually referred to a GAAPs.


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