OK, HERE GOES.....THE MYSTERY BEHIND "JONES NAUGHTON"...AND WHO THE HECK IS JONES???? SO I'M IN A PLAYFUL MOOD....LET'S PLAY I'VE GOT A SECRET!
IS IT DOOR #1: HIS FIRST NAME, "JONES" has been a family tradition passed down so that the name "Jones" from the female part of the family never, never disappeared when a marriage happens, because that is where all the power and wealth originated in the Naughton family...But throughout the years, never liked being called "Jones", so Joe, just sort of stuck! It was a shortened version of Jones!
OR....
IS IT DOOR #2: THAT SPIKE JONES, JR. (YOU HEARD OF HIS DAD I THINK...OH WAIT, I FORGOT, I'VE NEVER HEARD OF HIM....HE'S BEFORE MY TIME! lol) STARTED THE BUSINESS, and knew Joe Naughton and knew what he could do, and his connections, and asked him to come into the business with him, and HENCE THE NAME....JONES NAUGHTON....But Jones, Jr. didn't really care for this part of the business world, and it ended up Naughtons's, but in good standing from both parties......
WHICH ONE IS IT........Stayed turned tomorrow for the answer....Now I want everyone to mark down on their screens somewhere their vote..!!!!!!!!!!!
NAH!!!!! I hate keeping secrets....Anyone picking door #2 is correct and gets a chance to buy more stock, or a bison, which ever they prefer! No offense, but good stock is much easier to keep than good bison!...Sorry guys...Yes, I am an animal lover...but cleaning up after teens and dogs is enough for me....unlessssss you can find me a carnivorous Bison....Then I can feed him not only my dogs, but my teens....Forget the teens...I'm sure the poor Bison would develop an ulcer trying to digest a teen...so them, I'll keep..
Joe Naughton was in when I called...I bet that poor man will never be so glad to hear Rost is back in town!
Ok, so the mystery is cleared up...
AS FAR AS FINANCIALS GO....and how I feel...I am getting leary of BB's without financials, most of the time, but I do make some exceptions....And yes, it had been stated that money used in a previous deal would be used to get them in order....S**t happened as we know...the deal didn't materialize as they hoped it would...It still may be to our advantage though in the future (the deal and the legal issues involved)....But meanwhile, Joe Naughton is no dummy. He knows financials must be filed in order to remain listed on the OTC:BB...But I also know, there is still time before the deadline approaches for them. Once financials are filed, they must be filed regularly. And if you are trying to grow a business and are on the very edge of a breakout of success, I myself, might even wait before putting out anywhere between $15,000-45,000 dollars when I can use it elsewhere to get things up and running during a tremendous growth period. The kiosks are very, very real.....The growth and plans are very, very real....The people on board or coming on board, will be, and are experienced in their particular field, and people are working very hard as we speak!....So, when they start putting pressure on in July of this year, and go down alphabetically, Jones Naughton might have anywhere between 2-6 months after that, I don't know. If he had done it before, like 6 months ago or more, , and using not two, but three, possibly even 4 quarters quarters, it could have cost him anywhere between $45,000-$180,000.....Now that's a lot of dough. I may be way off base number-wise, but I have known of some small companies putting out $40,000 for audited financials!!!! Heck, maybe they're getting ripped off...Can't say, I don't own a business.
That money though, would buy a whole hell of a lot of kiosks, and a lot of growth meanwhile...
And to a question someone asked me last night, but I overlooked., they will definitely be looking at potential customers to advertise on their kiosks...In fact, with Joe Naughton's background, that is one of the things he would be very good at. Do they have any yet???? I can't answer that....but if they don't at the moment....they sure as heck plan to....and then some.
Have a good one all...
Ginny |