Originally Posted by
globalexpress
It really wasn't a financial analysis. I just looked at the press releases that Virgin put out and used subtraction. Then I looked at the net loss posted and compared it to their revenue and noted a significant loss.
What did I miss?
My apologies -- your response wasn't bad, and I posted quickly and sarcastically -- I should have taken more time and re-read your response. Here is what I was getting at, you are reading an
unaudited report from a company that is
not required to report and that is nearly
90 days old. That cash situation that existed then is irrelevant now. The net loss is cryptic and not explained by the numbers, nor narrative.