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Forums » Vonage (Sort Of) Posts a Profit » It's a lie.
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Is Voip a Going Concern at Present Prices »
« I've had Vonage since 2002.  
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nitzan
Premium,VIP
join:2008-02-27
·ViaTalk
·Comcast

reply to DrModem
Re: It's a lie.

said by DrModem See Profile :

quote:
"$13 million mark-to-market adjustment relating to the derivative liability in the Company's convertible debt,"
That's the same way failing banks are amazingly posting profits.
No kidding. I was a little surprised they made a profit until I read that. What profit? they lost $8mil. I don't know how they can legally call that profit and get away with it - traded company and all.

I have no trust in our stock market anymore. It's seriously full of crooks who call themselves executives. Disgusting.
--
Nitzan Kon, CEO
Future Nine Corporation
--
Compare VoIP Provider Rates
to forum · permalink · · 2009-05-08 03:11:32 · Reply to this
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Forums » Vonage (Sort Of) Posts a ProfitIs Voip a Going Concern at Present Prices »
« I've had Vonage since 2002.  

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