problem none of us can prove the facts unless Cellcast produce full accounts which will never happen
so its just opinions like everything else on this thread and forum as a whole
i think there is still money to be made from babe shows as long as channel as a don't give in to stupid wage demands and the like,
RLC has a net worth of £0 but it's parent company Pumpkin films has £400000 cash, Assets of £1.2 million, a net worth of £1.5 million and only liabilities of £400000, so they are in a good place and RLC are adding good profit to the company as a hole,
this is where 66 loses out as they are a standalone babeshow company so all there costs are higher and everything must be covered by the tv/web show,
(25-02-2015 17:04 )HannahsPet Wrote: [ -> ]unless Cellcast produce full accounts which will never happen
Cellcast have to produce full accounts by law, otherwise the company will be struck off.
(25-02-2015 16:33 )tony confederate Wrote: [ -> ] (25-02-2015 16:21 )KerrAvon Wrote: [ -> ]what a company, including Cellcast, puts as their Principal Activity may be totally accurate or may not be. Would you put your life on any company being totally accurate? I wouldn't.
Yes, because if a PLC (such as Cellcast) misstates its principal activities that is a material misstatement of fact which is held to be defrauding shareholders. The penalties for fraud can be very severe.
To repeat Doc Holliday's question, if you don't believe Cellcast's main activity is running phone in channels, what do you think their business is?
You're merely regurgitating the financial rules. What you're not proving (and can't possibly do so) is that any company strictly follows them, for whatever reason? How can you?
As for your latest misquote, Cellcast's main activity is phone in channels, that much is obvious. Do they do anything else? No. Yes. I don't know. How do you know?
(25-02-2015 17:19 )KerrAvon Wrote: [ -> ]Cellcast's main activity is phone in channels, that much is obvious.
It is obvious, but Digital Dave is nonetheless denying it.
That's the reason for the discussion.
I said " FULL " accounts the ones that the accountants use to produce the financial reports these are the ones that will have breakdowns of all the channels.
the ones cellcast produce for the stock exchange and other parties is just a Executive summary of the balance sheet
the accounts on website are only up to dec 31 2013 next set will be up in may will see how they did in 2014
(25-02-2015 17:06 )winsaw Wrote: [ -> ]i think there is still money to be made from babe shows as long as channel as a don't give in to stupid wage demands and the like,
RLC has a net worth of £0 but it's parent company Pumpkin films has £400000 cash, Assets of £1.2 million, a net worth of £1.5 million and only liabilities of £400000, so they are in a good place and RLC are adding good profit to the company as a hole,
Interesting winsaw, but do you agree with me that Red Light produce Playboy TV Chat for Playboy, but the Red Light channels are their own?
(25-02-2015 17:23 )HannahsPet Wrote: [ -> ]I said " FULL " accounts the ones that the accountants use to produce the financial reports these are the ones that will have breakdowns of all the channels.
Aaaah, that's what you mean by full accounts.
(25-02-2015 17:34 )Prince Henry Sinclair Wrote: [ -> ] (25-02-2015 17:06 )winsaw Wrote: [ -> ]i think there is still money to be made from babe shows as long as channel as a don't give in to stupid wage demands and the like,
RLC has a net worth of £0 but it's parent company Pumpkin films has £400000 cash, Assets of £1.2 million, a net worth of £1.5 million and only liabilities of £400000, so they are in a good place and RLC are adding good profit to the company as a hole,
Interesting winsaw, but do you agree with me that Red Light produce Playboy TV Chat for Playboy, but the Red Light channels are their own?
Have a look at post 2584 mate have answered you there
(25-02-2015 19:11 )winsaw Wrote: [ -> ]Have a look at post 2584 mate have answered you there
Thanks mate. Interesting again. I certainly didn't know that Playboy TV Chat is owned by Red Light. So they did a deal with Playboy to use the Playboy name, that's pretty cool.