Unfortunately, as I wrote before, I am not into ac
Post# of 2009
But I noticed the notes payable too ($740 k). Could this be a bank loan ?
At least there is a profit.
If I compare some sales data though, then there is not a clear improvement visible in sales since last summer, which is a bit surprising to me in view of the launch of Ultraflix last year.
Q...................Q3 14.............Q4 14 Q1 15
sales media: 1,953,253 1,856,378 2,036,583
gross sales: 2,557,203 2,325,799 2,638,004
Also, using your numbers regarding the share structure, almost 100 mln free shares where added in the last four weeks, more than 40 mln in the week when the PPS was between 0.018 and 0.023.
This year so far around 300 mln new shares were added to the float.
Since we were about 8 mln short of the AS on monday, it could be that it's maxed out right now.
Maybe some anticipate a new increase in AS, what could explain the drop in PPS this week ?
Just guessing of course.