Last quarter they made only 1.3 million. Doesn't sound like a success sorry. That 15 million in debt may have looked good if it did not dilute stock, but for what I can see it did. Balance sheet at the end of 2013 was minus -25 million. Now it maybe around -10 million, plus massive dilution. There is only one reason they made the decision on that debt and it appears to be greed. If it was shareholder value it would not be down 30% in 5 days...right?
Once AAPL looks at how NETE deals with debt by ignoring shareholder value, they will pass. For Longs sake I hope it doesn't happen, but that is my guess. Would you do business with this management?
I do not think AAPL will do business with a company where there is no shareholder value due to internal decisions made by management. I hope for your sake that I am wrong, but its looks like another VRNG to me.
Why is the US Markets hiding true volatility? Can we not be any closer to a World War. Afghanistan-Taliban, Al Qaeda, Syria (Civil War), Iran (Nuclear Program), North Korea (Nuclear Program) and now the Iraq issues. How many conflicts do you have before you call it a War? Call it a War or don't call it a War , but one thing you do have to call it is VOLATILITY!!!
They need to round up all the CEO and CFO's of all these worthless fraudulent companies. There trials should be fast and furious. This easy money has spawned criminals with the most worthless companies to ever exist. If they are found guilty and have committed fraud against the people they should evaluate there past cases and if its a commonality within there character...EXECUTE them in the closest courtyard. If this was done, we could do away with the SEC and other authorities that have shown themselves outdated in there means to up hold the securities laws. If we had more laws this strict we would flush out all the Wall Street #$%$ also.Fraud is an epidemic in our society, and if we do not tighten our controls and increase the prison times on these #$%$bags we will fall, just like the Romans did.
The entire stock market is a scam. NETE is just a pathetic example of one in your face. There are 1000's of them out there. Most are just harder to see, and run there scams over years. We haven't had a real Russell 2000 in a long time. The monster of all crashes is coming!!!
What's pathetic is people love the Blackberry Passport for business and its definitely more secure then the EYE-PHONE. Blackberry deserves more good press then its getting, because the passport will sell and sell very welll!!!...Eye-Phones are very over rated.