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Leap stocks fall
- Thread starter Danzinar
- Start date
chlorinelover20
New member
yeah... the press release is full of bolonga and one interesting gem.
1) how the heck do you not notice that you are missing 25 million dollars in income... where did it go? maybe someone swiped it from the drawer?? lol. you could make that mistake exactly one time before your accounting doesn't match up and you're like... ok somethings wrong here.
2) since i've decided that they must have known about this before... it goes a long way to backing up my theory that they are intentionally not dicsonnecting accounts at the end of every quarter. when you're recording the bill as income whether or not it's paid, why would you ever disconnect the customer?? oh yeah because they're not actually paying!!! of course when you're leaving accounts active when they're actually supposed to be disconnected it 'shifts' churn, and makes the previously reported nurabers inaccurate, contrary to their press release.
3) the most interestingest part of the whole press release is the following:
It seems to me that this means if some random company (we'll call said random company "PCS") agrees to buyout LEAP, then LEAP's debt is not immediately due until the merger between LEAP and PCS is complete.
1) how the heck do you not notice that you are missing 25 million dollars in income... where did it go? maybe someone swiped it from the drawer?? lol. you could make that mistake exactly one time before your accounting doesn't match up and you're like... ok somethings wrong here.
2) since i've decided that they must have known about this before... it goes a long way to backing up my theory that they are intentionally not dicsonnecting accounts at the end of every quarter. when you're recording the bill as income whether or not it's paid, why would you ever disconnect the customer?? oh yeah because they're not actually paying!!! of course when you're leaving accounts active when they're actually supposed to be disconnected it 'shifts' churn, and makes the previously reported nurabers inaccurate, contrary to their press release.
3) the most interestingest part of the whole press release is the following:
It seems to me that this means if some random company (we'll call said random company "PCS") agrees to buyout LEAP, then LEAP's debt is not immediately due until the merger between LEAP and PCS is complete.
Rrrrrrrrrrrrr
New member
LEAP dragged PCS down quite a bit too today. If nothing else, I believe this should even the score and make a merger a lot more affordable/likely.