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Fresh Del Monte Produce Inc. Message Board

hyulpy 4 posts  |  Last Activity: Sep 24, 2014 6:55 AM Member since: Jan 23, 2004
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    Mailbox is full

    by hyulpy Sep 23, 2014 4:49 PM
    hyulpy hyulpy Sep 24, 2014 6:55 AM Flag

    Well, I'm sort of kidding... I know this company has real problems, and perhaps no real mines. But I was surprised that nobody is in their Seattle office to answer the phone.

  • I just tried to call the L&L Energy office at 206-264-8065, but the mailbox is full. Does anyone know why? I just wanted to ask them when the earnings report will be released. Their earnings reports always show a profit. I wonder how big it will be this quarter. Does anybody have a better phone number?

  • hyulpy hyulpy Aug 21, 2014 10:16 AM Flag

    Also an opportunity to get a new chief design woman... maybe one that can increase sales this time.

  • Kabani & Co has audited the company's financial statements for the past several years. There have always been unqualified opinions. It seems kind of fishy to me that LLEN would have trouble collecting receivables just because their former CEO is now in a prison cell. Maybe there's more to it than that.

    Does anyone think that maybe there might have been some errors in the financial statements that Kabani & Co didn't find in their audits? I hope that's not the case because they are CPAs and they should have been able to tie out all the bank balances, verify receivables, existence of mines, etc. If Kabani overlooked something that was wrong, they might be sued by angry investors who lost money. If LLEN doesn't really have any money, Kabani might have some.

    Not a sermon, just a thought.

    By the way, my sentiment is now "Sell". I sold this stock at .55 (huge loss) shortly after trading resumed. Lesson learned.

    Sentiment: Sell

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