I skimmed the report. I'll try to go through it in more detail tonight and compare to the last quarterly.
Things to note:
1. From memory, on the asset side convertible debt increased (positive for shareholders)
2. Salary seems high relative to assets
3. I'm happy the detail was included for the TA but it doesn't answer the no client status
If I were a new investor tomorrow I would still pay $0.0002. That would change with clients for the TA and real activity in other areas of the business.
I'm not sure how this plays out from the bashers perspective: the milking claim is as it has been (increased A/S and O/S nearly maxed, leading to a further increase in A/S or a R/S)
There still hasn't been sufficient progress towards acquiring a broker. If it was so critical that should have been accomplished in 2011....
I like that the existence of the should put an end to that line of argument
I guess my overall grade is a B....
Things to note:
1. From memory, on the asset side convertible debt increased (positive for shareholders)
2. Salary seems high relative to assets
3. I'm happy the detail was included for the TA but it doesn't answer the no client status
If I were a new investor tomorrow I would still pay $0.0002. That would change with clients for the TA and real activity in other areas of the business.
I'm not sure how this plays out from the bashers perspective: the milking claim is as it has been (increased A/S and O/S nearly maxed, leading to a further increase in A/S or a R/S)
There still hasn't been sufficient progress towards acquiring a broker. If it was so critical that should have been accomplished in 2011....
I like that the existence of the should put an end to that line of argument
I guess my overall grade is a B....
