Posted On: 06/23/2014 11:13:39 AM
Post# of 17652
DUTV has produced 2 unaudited quarterly financial reports which state that revenue was produced in the those 2 quarters.
Since these were/are unaudited reports, is it unreasonable to want to know exactly where those revenues came from? Is it unreasonable for a shareholder to want that information in order to assess the viability of the stock?
The fact that nothing about DUTV's stated revenues can be verified outside of the financial statement gives me as a shareholder reason to pause.
Accordingly, just because DUTV states in unaudited financial statements that they made 2.2 million in revenues over their most recent reported quarters doesn't mean they actually did, until it's verified. So in fact, shareholders of DUTV, like myself, may not actually have a pink with 2.2 million in revenues in their last 2 reported quarters. It's not verified, only stated in unconfirmed, unaudited financial reports.
How many other pink companies have falsely reported revenues in the past? I guess that's why they occupy the pinks. IMHO.
Let's have McHenry prove me wrong. He's really the only one who can.
Since these were/are unaudited reports, is it unreasonable to want to know exactly where those revenues came from? Is it unreasonable for a shareholder to want that information in order to assess the viability of the stock?
The fact that nothing about DUTV's stated revenues can be verified outside of the financial statement gives me as a shareholder reason to pause.
Accordingly, just because DUTV states in unaudited financial statements that they made 2.2 million in revenues over their most recent reported quarters doesn't mean they actually did, until it's verified. So in fact, shareholders of DUTV, like myself, may not actually have a pink with 2.2 million in revenues in their last 2 reported quarters. It's not verified, only stated in unconfirmed, unaudited financial reports.
How many other pink companies have falsely reported revenues in the past? I guess that's why they occupy the pinks. IMHO.
Let's have McHenry prove me wrong. He's really the only one who can.
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