Here I layout Net Income as reported vs. Cash flow from operations reported. Please note that the actual cash flow has been growing in the mid teens and last qrt was actually down tied to content acquisitions. This compares to Net Income where appears to be growing much faster.
Net Income Yr/Yr Growth
4Q09 $115,860.00 40%
1Q10 $32,272.00 45%
2Q10 $75,791.00 38%
Cash From Oper. Yr/Yr Growth
4Q09 $325,063.00 14%
1Q10 $75,412.00 15%
2Q10 $137,457.00 (2%)
How about breakem answerin his question? He is always slamming people for not answering his.
As well the non paying subs are backed out of the total. Even breakem knows this fact.
But for some reason he wont answer.
Hedge fund operators on a MB.
They do report all subs. But it was duely noted that they back the non payers out. This was settled awhile back ago in the last earnings report.
As far as canada ehhhh. I bet you this goes on all the time from politicians to mom and pop stores to big box stores.
Down deep would require more history, I haven't been around to have looked at any reports yet. I will look at this Q3 for sure then I'll let you know what I think. What's your take on reported subs, it seems like some folks believe Net reports non paying in with the paying, do you think they do? It's hard for me to accept the Canada thing isn't representative of an overall attitude of Net though.
No. That is trivial to me. I want to know if you or anyone elsedeep down realy believes in his accusations. Or is he misleading this board?
If he has such a strong forceful feeling he needs to let the SEC know. Since he runs an upstanding hedge fund. Which are not exactly upfront with regulatory requirements. We all know about Hedge Funds now dont we.
Its the only way to find out the true answer.
Let me ask you a question and everyone else on this thread.
Since breakem runs his own hedge fund, do you or anyone else, believe his statements about NFLX committing fraud?