STEVER: Were you born yesterday
in response to
by
posted on
Jan 10, 2008 04:16AM
You really need to do a lot of reading to own this stock if you can;t or won't then you should not be in it.
PDS as extracted from teh 8/31 and 11/30 10 Q's
Condensed Statements of Operations
3 months 6months Change
Revenues $ 1,500,000 20,933,000 19,433,000
Expenses 3,966,543 13,598,760 9,632,217
So you complain when 19.4 millionin revenues have 9.6 mil in expenses but you were quite when 1.5 mil in revenues had 3.5 mil in expense
If I were to follwo you're train of thought you would be suggesting that teh Q1 3.5 in expenses was the cost to acheive 1.5 mil in licenses.
Huh?????? And you still want to own this stock
OBVIOUSLY The 6 months expenses by PDS HAVE NO DIRECT RELATIONSHIP
with the Same period REVENUES.
Only someone BORN YESTERDAY would even contimplate such nonsense.
Actually if you read further that PDS can paid TPL approximatelyt
3 million in the first two Quarters to cover related licensing expenses.
THAT leaves a cost of approx 11 miilion in the first 6 months for other business NOT RELATING TO TPL LICENSING.
Of course there is other activity for licenses not yet signed buut being actively pursued
and then there is the cost of TT&C for the J3 settlment/licensing that I expect is at last 8 million of the reamining amount.