New Investors will need details on cost of sales ($4.7 million). That wipes out the profitablillity of the list $4.8 million in revenue.
Also for fiscal years 2013 and 2014 combined the company operated at a net loss of $178,369 according to this financial report.
The investor you need to start the run are not going to take positions in DUTV until the consistent profitability of DUTV is confirmed and this report does nto do that.
More verifiable details are required including client lists. I
Also is DUTV working with the African countries listed or with companies within the country?
I checked this informative listing on internet penetration in Africa and found helpful details that could be used to DUTV benefit if McHenry wanted to give more concrete verifiable info to investors:
http://www.internetworldstats.com/africa.htm
If McHenry follows through with an official audit it will go a long way to making DUTV look like more than a run of the mill pinky stock. But the BIG buyers won't show up until the profitable details get confirmed.
IMHO
Also for fiscal years 2013 and 2014 combined the company operated at a net loss of $178,369 according to this financial report.
The investor you need to start the run are not going to take positions in DUTV until the consistent profitability of DUTV is confirmed and this report does nto do that.
More verifiable details are required including client lists. I
Also is DUTV working with the African countries listed or with companies within the country?
I checked this informative listing on internet penetration in Africa and found helpful details that could be used to DUTV benefit if McHenry wanted to give more concrete verifiable info to investors:
http://www.internetworldstats.com/africa.htm
If McHenry follows through with an official audit it will go a long way to making DUTV look like more than a run of the mill pinky stock. But the BIG buyers won't show up until the profitable details get confirmed.
IMHO
