I can see your mom training you as a child....
Mom, what's that......She says "odd that"
Mom, what's for supper.....She says "odd that"
Mom can I go out and play.....She says "odd that"
Some face stunted growth in this world....you grew up with a stunted vocabulary.
IMO, we just need one more strong quarter in September. Borg's share count will have to be depleted so much by the next report that he becomes a non-factor for the first time since this all started back last November. The CEO hasn't sold a share of his proposed filing from early June. So, I rationally conclude we need one more good report.....if we get it, this thing will finally head up where it belongs, IMO.
I'm thinking that KTCC is putting itself on the block for sale and that it needed the audit done for an interested party. If anyone is courting KTCC, that party does not want audited statements from a year ago. It's just speculation.....but it is a potential explanation for the hurry up. It was not the results today that explain the rushed report. JMO, Hopeful
How does a small company get its auditors to finish within 26 days of the close of the fiscal year?? I'm a retired accounting professor and investor of many years and I've never witnessed a single small company have its annual report completed this early. This is not just several days earlier than KTCC's norm (latish August) but almost a full month. So, yes, it's very early, but as an accountant, I'm more caught by the audit company completing its work this early. They clearly had to manage the audit much differently, getting some of the field work done much earlier than usual.
As I stated before, KTCC does not even get its quarterly reports out this fast......and those reports are not audited. There must have been some reason that motivated KTCC to impress upon auditors a "need" to have this annual report done very early. It's just my opinion but it is based on how unusual this really is. I hope it bodes good for us KTCC investors. Best to all,
ERROR.....I wrote DTII has 170,000 in current assets.....that should be 17,000. It''s 17,000 of current assets against 1,200,000 in current liabilities.
This stock mention is shameful. Even if it shoots to a buck, to offer such a mention shows no regard for the company's financial plight!. DTII has $170,000 in current assets and almost 1.2m in current liabilities in the form of almost 900K in short term debt and the rest in A/P. Further of the 170,000 in current assets, the company has 100 dollars in cash. The current ratio is .01 representing that for each working capital dollar owed, there is but one penny available in current assets and zero cash available (well, the 100 bucks can be seen with a good telescope). Exactly how is the company supposed to provide any product or service whatsoever???? The words to key in on with your post are "story stock" because this is not a viable company. It is complete life support now.
VTSI is not just a story stock....it's a solid financial company meaning it has genuine investment potential. DTII does not in any sense of the words "investment potential."
I was listening to national news today on the very sad Dallas tragedy (and I sincerely mean tragedy). Texas Representative Will Hurd was being interviewed on MSNBC and asked about what can be done. One of his foremost suggestions was for increased police training for active encounters. I find no pleasure in VTSI's increased need due to such events.....none whatsoever because I wish we read about no such occurrences ever. There's little doubt the company's services will be facing ever-increasing demand and that its training is meeting a very real (albeit unfortunate) need. IMO.
Someone would do you a favor to find the people in the white coats who can provide you with a nice padded room and a very tight-fitting customized jacket.
The futures market for gold and silver is crazy again.....of course, the US market is closed tomorrow for the 4th but commodities are trading tonight. Silver was up at one point (about 15 minutes ago) to well over 21/oz....up 8%....and gold up big too. It's subsided a quite a bit for the moment although still up big. Wow; demand is screaming!
Following historical price points, SSRI could (with ups and downs along the way) move to $16.92, then 18.34, 23.90 and 35.94 depending on how the bull market in metals progresses. IMO, Hopeful
Happy 4th to you and your family, Tab. I hope stri will prove a winner and I can feel good saying "you are welcom." I'm excited about VTSI and sure appreciate that mention a long time ago.....it has boosted my numbers nicely. I'm also with you that VTSI is going to keep growing in this environment today.
to over 19/oz. Silver is up tonight well over 2% after a mega day up today.
A director just stepped down in an 8k filed yesterday. I wonder if STRI will cash out.....that would great for shareholders buying at this level, IMO.
P.S. I'm being paid 10% interest for lending my shares. I'm sure my shares are borrowed for shorting. That's pretty brash to pay 10% interest, IMO....shows no fear of shorting down here. I hope DCTH can produce some results to make the shorts aggressive buyers to cover before too long but I'm not holding my breath.
I'm not excited about convertible debt. It is frequently a last option....and if I'm remembering Roth brokered the deal and I have nothing but disdain for Roth. Reviewing the aftermath of their deals tells the story. The convertible debt holder has too much control and without going into a treatise of the adverse evidence found concerning convertibles, IMO, DCTH probably had no other better option. A bio lives and dies by its drugs' success so DCTH can overcome the convertible albatross. So, I don't like convertibles at all but don't see what else DCTH could have done. I doubt a straight equity deal could have been easily brokered. JMO.
...small correction. I'm a retired accounting professor and retired CPA. The going concern words are the most misunderstood words in all of accounting. Going concern means going business. So what you meant is opposite. Thankfully, due to recent financing, DCTH "is" a going concern. When a company's near term future is in substantial doubt in the eyes of the auditors, a going concern paragraph is required in the annual audit report and represents a "going concern warning"......meaning that a company is at risk of not continuing as a going concern. Again, the word "concern" does not mean what most think....it is a noun which is synonymous with "business" or "entity." An easy to read source on it would be something like Investopedia.