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re: Penny stock gambling: anyone with $SONG eagerly waiting for Monday morning?

Posted on 2/26/24 at 11:37 am to
Posted by slackster
Houston
Member since Mar 2009
85487 posts
Posted on 2/26/24 at 11:37 am to
quote:

Earnings per share: $0.057 Book value per share: $0.062 Revenue: $1 billion Net profit: $46 million Outstanding shares: reduced to 802 million


And yet they have $415 in the bank. Not thousands, $415 even.

They’re booking royalties as revenue even though they’ve had effectively 0% actual success in getting those royalties collected.
Posted by StonewallJack
Member since Apr 2008
718 posts
Posted on 2/26/24 at 2:09 pm to
It starts again! Load up the boat - we are gambling on the song
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 2/26/24 at 3:01 pm to
This is the funniest facking thing I have seen in a long time.

Revenue $1 billion.
Bad Debt $1 billion.

That is about the most ridculous thing I have seen in an SEC filing.

This one will be short lived. Mr auditor will be short lived
Posted by deltaland
Member since Mar 2011
91208 posts
Posted on 2/26/24 at 6:30 pm to
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