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  4. E-Waste Systems, Inc. (EWSI) Message Board

Why do you keep mentioning the 700k revenue as if

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Post# of 3844
Posted On: 03/08/2014 5:38:22 PM
Posted By: jinobi83
Re: BoBo #2937
Why do you keep mentioning the 700k revenue as if THAT was the issue.  Yes, when you compare the amended version for the 3rd quarterly you see that difference, but the issue could be even bigger in the 4th quarterly.  Maybe Malone Bailey didn't want to show a substantial portion of revenue in China even though it was legitimate simply because they didn't want to be embroiled in this issue with Chinese accounting.  I understand you are upset, but you should try to think more clearly.  A huge part of the growth of ewaste is in China.  How many companies are huge in China for ewaste?  Better to get in while there is little competition.  The risks are huge but the benefits could be even bigger.  A business decision was made and it didn't work out.  We saw the mistake.   For some of us, the risk might be too great and they will move on but if you still see the potential in this company, stay.


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