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Onstream Media Corp. Message Board

  • some_pain_no_gain some_pain_no_gain Jan 16, 2013 3:47 PM Flag

    same old comedy

    They have to keep paying bills and interest payments in stock. They have to keep borrowing money. They claim to be cash flow positive, but they pretend that the money spent on software development for failed products iEncode and MP365 is a long term investment so they can ignore 80 percent of the cash they spent. Then when they account for that spending later as depreciation they say that's a non cash item so that's not like really losing money. Well, the money's gone and you need to borrow more, so that's the opposite of being cash flow positive, whatever accounting treatment you pick.

    Sentiment: Strong Sell

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    • It may be the same old comedy but watching the show can be very rewarding when you pay the right price for the ticket. Yes pain same it may be old show again but some of us who have a clue will be having a big laugh again on the roler coaster watching the show go on having bought plenty of tickets at huge discounted prices. . DUHHHHHHHHHHHHHHHHH!

      Sentiment: Strong Buy

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