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Profits?
https://mail.chicagofanatics.com/viewtopic.php?f=156&t=33321		 Page 1 of 1
Author:  MyGuy [ Tue Jun 09, 2009 5:08 pm ]
Post subject:  Profits?
Acording to NALS President Hr. Hernandez a Profit is being made by the CS webio project.
1. I would be willing to wager my annual salary that is not correct.
2. Feel confident some attempt at a'spin' would be made to expalin that.
3. Profit might exist on paper if all income is recorded and all expenses are capitlized for long term, because of that in an array of accounting tricks that AIG could be proud of, anyone can claim a profit.
4.If I have a business and I spend $800,000 in one year and have $97,000 in income, that's not a profit no matter how you amoortize it.
Author:  Spiral Stairs [ Wed Jun 10, 2009 12:36 pm ]
Post subject:  Re: Profits?
MyGuy wrote:
Acording to NALS President Hr. Hernandez a Profit is being made by the CS webio project.
1. I would be willing to wager my annual salary that is not correct.
2. Feel confident some attempt at a'spin' would be made to expalin that.
3. Profit might exist on paper if all income is recorded and all expenses are capitlized for long term, because of that in an array of accounting tricks that AIG could be proud of, anyone can claim a profit.
4.If I have a business and I spend $800,000 in one year and have $97,000 in income, that's not a profit no matter how you amoortize it.


Mr Hernandez meant to say, north is making a profit. north takes his salary from Davey and pays no expenses toward the overhead of the webio. north gives his lapdog davey something far more valuable, his expertise at running a media outlet. and remember north went out and got notre dame HS and city of rosemont to give him money for the comcast show so it won't be long until he pulls in a real big sponsor like...............David Spada !! yeah thats the ticket.
Author:  lipidquadcab [ Wed Jun 10, 2009 4:18 pm ]
Post subject:  Re: Profits?
the profits will come once they start stealing underpants...
Author:  Brian's Mojito [ Wed Jun 10, 2009 10:52 pm ]
Post subject:  Re: Profits?
Phase 1: Collect Underpants
Phase 2: ?
Phase 3: Profit!
Author:  Niel2760 [ Thu Jun 11, 2009 12:42 pm ]
Post subject:  Re: Profits?
Ahh, the Underpants Gnomes...Love it
Author:  aparicio [ Fri Jun 12, 2009 5:53 pm ]
Post subject:  Re: Profits?
The more I think about that ridiculous David Hernandez article by Kenneth Zenger in the promotional rag Chicago Business Examiner the more I think it is total BS. There is no way they are profitable and, in fact, are likely hemmoraging money. This article was likely set up by Hernandez with Zenger as a naive pawn. I smell a problem and am guessing this whole thing could blow up sooner than any of us think. This baby going down....and fast.
Author:  aparicio [ Fri Jun 12, 2009 9:37 pm ]
Post subject:  Re: Profits?
Faster than I thought! :salut:

Profits my ass :lol: :lol: :lol:
Author:  MyGuy [ Sat Jun 13, 2009 9:44 pm ]
Post subject:  Re: Profits?
aparicio wrote:
The more I think about that ridiculous David Hernandez article by Kenneth Zenger in the promotional rag Chicago Business Examiner the more I think it is total BS. There is no way they are profitable and, in fact, are likely hemmoraging money. This article was likely set up by Hernandez with Zenger as a naive pawn. I smell a problem and am guessing this whole thing could blow up sooner than any of us think. This baby going down....and fast.


This guy must feel like TOOL OF THE YEAR at this Point!
Author:  Mr. Belvidere [ Sat Jun 13, 2009 11:07 pm ]
Post subject:  Re: Profits?
And now North is spinning it on his site with another "bogus" blog he posts to look like an article. What a pud!
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