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re: Post reporting Comet investors are demanding an audit!
Posted by: pitslre 04:38 pm EDT 08/16/17
In reply to: Post reporting Comet investors are demanding an audit! - Naughty_Rob 06:59 am EDT 08/16/17

My understanding from an investor who has actually seen some financial reports (all the investors get these, so if there's anything off I'd hope they'd have noticed well before The Post) is that show was running in the mid to upper $800ks pre-Royalty Pool. So assume on a given week it was returning +/- $120k towards a $14M capitalization...then assume some overruns on production, spending for Tony's, etc...easy to see how you'd end up somewhere 20-30% return. I also assume the 20% figure is cash returned to date.
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Previous: re: I don't care about the 'Comet' audit, but thanks to Riedel for his gracious 'Groundhog' comments - ryhog 10:50 pm EDT 08/16/17
Next: re: Post reporting Comet investors are demanding an audit! - ryhog 05:11 pm EDT 08/16/17
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