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RawAlex · 05-19-2013

So it gets better... FFN released their financial reports on the 15th, and the stock promptly dropped to 34 cents a share, even as their cash on hand grew. Why did it grow? But cutting out "lower margin affiliate and advertising spending" - which actually lead to a decline in sales. However, they retained slightly longer, so they made more cash in the short run.

Interestingly, when I looked at their balance sheet, they have one item that made me giggle: domains valued at over 56 million dollars. Pumped up much?

05-19-2013	#3
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: I didn't think it was possible but... So it gets better... FFN released their financial reports on the 15th, and the stock promptly dropped to 34 cents a share, even as their cash on hand grew. Why did it grow? But cutting out "lower margin affiliate and advertising spending" - which actually lead to a decline in sales. However, they retained slightly longer, so they made more cash in the short run. Interestingly, when I looked at their balance sheet, they have one item that made me giggle: domains valued at over 56 million dollars. Pumped up much? __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds