clickclickboom
Well-known member
- Joined
- Nov 7, 2005
- Posts
- 1,081
That is an excellent point the problem is that we always seem to report a modest yet small profit but if you review our presentations and reports you will see that for example a 25 million profit is reported yet 250,000,000 in debt will be repaid. That may seem great but when you really dive into the filings you realize that $75 to $100,000,000 was paid for by cash. You then look at our our cash on hand take into consideration interest gains and realize that we didnt make 25mil but over 125mil..
the bottom line is that we are very very profitable and literally printing money. the problem that many have here is that this success is on the backs of the employees. One such example is shown above with the 40% cost being transferred to the employees. Another is the absolute downright lie from ther legal dept that there was a retirement shortfall workaround when in fact there was none, another is that fact that management changes our peerset with no input to support a no " de minimis payraise " for last year..
the bottom line is that we are very very profitable and literally printing money. the problem that many have here is that this success is on the backs of the employees. One such example is shown above with the 40% cost being transferred to the employees. Another is the absolute downright lie from ther legal dept that there was a retirement shortfall workaround when in fact there was none, another is that fact that management changes our peerset with no input to support a no " de minimis payraise " for last year..