The SEC did not respond to the early warnings on Enron. I bet they do not make that mistake again...especially since they are not allowed to watch porn all day. Maybe that is why excutives are "just walking out the front door at Netflix".
all will get fired........criminals at sec/finra
hd movie script on scamflix/sec/finra/banking committee treason rulers script being written in real time
these manipulation criminals fearless
sec/finra mf criminals serve fraud street and corporate thugs
usa zombie working class will have to revolt
or massive civil unrest in usa next
How did worldcom/enron scams collapsed?
revisit history books
the scam payers position to slaughter poop suckers
derivative trading pit reveal it all
balance sheet raped
200m debt slapped for scam bubble buy back scam
150m wells fargo line of credit used for scam pumps for dumps
off balance sheet scam hell endorsed by kpmg criminal auditors
hello enron/worldcom/madoff ponzi scams
subscriber scam cook books
WHO WILL BEL;L THE CAT?
LION BROADCASTING HAS REVEALED THE ENTIRE SCAM PLAY BOOK
WARNED ALL HIGH TREASON RULERS AND WATCH DOG CRIMINALS
WHERE ARE SEC/FINRA MF CRIMINAL WATCH DOGS IN USA?
BILLIONS IN PENSION LOOT CONTINUES TO ENRICH CORPORATE THUGS AND FRAUD STREET TERRORISTS
WHILE MIDDLE CLASS GETTING SCAMMED/BANGED BY OUR HIGH TREASON RULERS TOO
ROME DID NOT BURN IN A DAY
HERE IS SCAMFLIX BLOG FOR FIGHT BACK BY RETAIL INVESTORS
RED ALERT IN USA: NETFLIX(NFLX)=SCAMFLIX
DOTCOM SCAM PLAYBOOK=STREAMING HYPE SCAM PLAY BOOK PLANNED AND EXECUTED BY NONE OTHER THAN CRIMINAL THUG HASTINGS AND BARY(CFO) IN PARTNERSHIP WITH MORGAN STANLEY AND GOLDMAN SACHS
CRIMINAL THUG REED HASTINGS GANG LOOTED $10'S OF BILLIONS AND BROKE ALL PREVIOUS RECORDS FOR PONZI SCAM LOOTS IN USA FRAUD STREET CASINO
AGRAggressive Rating Published04/01/2011
IndustryPersonal Services Period End12/31/2010 (Fiscal 2010 Q-4)
SEC Filing02/18/2011 (10-K) Last AuditKPMG LLP
3yr AGR® Score
Netflix, Inc. is currently rated as having Aggressive Accounting & Governance Risk (AGR). This places them in the 23rd percentile among all companies, indicating higher Accounting & Governance Risk (AGR) than 77% of companies.
The forensic risk summary table below highlights materials risks, if any, and lists the most critical business issue for each risk. AGR Impact shows the deductions from a perfect 100 AGR score due to flagged matrics.
RISK AGR® IMPACT TOP ISSUE
Corporate Governance Events 31.6 Consecutive quarters of EPS Growth
High Risk Events 33.8 Share Repurchases
Revenue Recognition 0.0 N/A
Expense Recognition 21.6 Prepaid Expenses/Operating Expense
Asset-Liability Valuation 13.1 Intangible Assets/Assets
AGR scores are based on statistical analysis of accounting and governance risk factors. Lower scores indicate heightened corporate integrity risk, indicating an increased likelihood of future class action litigation, material financial restatements or impaired equity performance.
For more information visit Audit Integrity
CFO resigns, Investor Relations head resigns, who's next?
Looks like everyone is leaving this sinking ship.
And all during this time, Goldman and Fidelity and Piper Jafray have been pimping this stock harder than I've seen them pimp anything since pets.com in 1999- right before it collapsed to zero.
The fact remains that anyone who can do basic math can see that Netflix has NO WAY IN HELL to pay for all the content deals they've already made, much less the ones they might make in the future.
The company is technically bankrupt.
The Investor Relations woman left because she literally had no job to do- the public was not allowed to speak with her, because anything she would say would have to be a lie.
This is the next Enron.
THE SCAM TO ZERO
Could this be the Real Netflix Killer?
By Notable Calls Apr 12, 2011, 7:00 AM Author's Website
Jefferies analyst Peter Misek is out with a significant new data point on Apple (NASDAQ:AAPL) saying he believes the company is about to launch a new video-focused cloud-based service.
Misek sees the new service as a potential game-changer for Apple and the industry. While he currently retains his estimates & $450 price target (Buy rated of course), the potential impact on F2012 #’s seems huge.
Super Data Centers
Jefferies notes they spent the last couple of weeks channel checking with developers and content providers on Apple’s possible plans regarding the cloud and their assault on the living room. First, they believe Apple’s data center in North Carolina has gone live or will do so shortly. Second, some unconfirmed indications point to Apple possibly building another super data center next to the first: 1) Apple purchased adjacent land at a high price; 2) aerial footage shows Apple has cleared adjacent land; and 3) at the announcement ceremony for the facility, a mock-up showed two side-by-side data centers.
Also, based on discussions with large multinational players, the firm additionally believes that plans for data center builds in other parts of the U.S. and Europe are accelerating meaningfully. They cannot trace the owner of these others back to Apple, but we believe the specs to be similar. They can envision Apple creating the service first in the United States and then rolling it out internationally.
While much has been speculated on what these data centers could be for it seems that much of this is likely being built for video. How do they come to that hypothesis? It is a guess based on the size of the storage that has been purchased, the fact that video consumes far more data than audio, and the introduction of a simple audio locker or cloud-based version of iTunes is unlikely to require this much storage and capability out of the gate. Second Jeffries finds some of the chatter in the content world to be centered around the iPad and future services. They find it notable that the content companies, citing a lack of domain license, asked Cablevision to remove channels from its iPad app. They believe these same companies are negotiating some sort of deal with Apple. They would find it easy to believe that Jobs’ final hurrah before turning the reins over would be to revolutionize video much in the same way Apple has transformed the mobile, computing, and music world. It is also notable that his authorized biography is due in 2012
New Apple Product = iTV?
So what else could they guess is going on? Jefferies continues to believe that the assault on the living room likely means the introduction of another Apple appliance or device. They find it difficult to believe that the Apple TV is the best Apple can do.
While a simple TV is certainly possible, they just believe Apple wants to do something completely different. Given Apple’s historical preference to innovate a new category could Apple’s introduction of the iTV allow it to launch a premium-priced piece of hardware?
New Cloud-Based Services
In terms of content, Jefferies thinks some sort of subscription model also makes sense. They believe something unique could be done in video with all the disparate content we watch from TV shows to movies to YouTube to home movies.
Jefferies thinks the following combination could make sense:
TV model: call it the “Best of TV” but time delayed and available for a fixed priceon an all-you-can-eat basis. Older movie content (ala Netflix).
Could this be the real Netflix (NFLX) killer?