Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
MSSI to acquire two staffing agencies
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by QuestSolver: [QB] some very interesting post from another board. at the very end of the 8K, the Confirmation of Closing Escrow, under item 2, the IRS was provided with a check for 1.6 million on the closing date of June 16th. This would suggest that Sahay raised those funds earlier this year in anticipation of a closing that we all expected way back in March or April. So... NO NEW SHARES WILL BE ISSUED TO PAY THE IRS! PRN profitable??.... Hi Laurie, I was lying in bed trying to get to sleep when it hit me... Doesn't the $ 1.6 million in cash that MSSI paid to the IRS on June 16th for back taxes owed by Nurses-Prn imply that Nurses-PRN was profitable? Peeked back at the Confirmation of Closing Escrow toward the end of the 8K, and sure enough, the 1.6 million was paid on June 16th to the Internal Revenue Service in exchange for the IRS releasing a lien for an identical amount on Nurses PRN assets. We're talking about a 3 year old start up company here! Not intending to pump, but looks like we purchased a profitable 3 year old company that owed 1.6 million in taxes because breakneck pace of growth ate up cash flow. IMHO this bodes well for the future of the combined company and all longs... Would love to hear your thoughts on this. Also feel free to repost this on RB to generate healthy discussion and, of course, mindless, blatant attacks from ojdiditall. G'Nite! Frank [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2