Interesting Numbers - Article, Is Shelby Really This Awful To It's Dealers

[lippy]

Originally Posted by RodKnock

While Cobra dealers are private, I think Shelby is a public company. And public companies have to disclose their financial info anyway. Who cares what they make or lose. It's only money.

Shelby is private. Way too small to be a public company.

[RodKnock]

Originally Posted by lippy

Shelby is private. Way too small to be a public company.

I'm not sure what small has to do with it?

CSBI Profile | CARROLL SHELBY INTL Stock - Yahoo! Finance

[rpatton3]

Originally Posted by RodKnock

I'm not sure what small has to do with it?

CSBI Profile | CARROLL SHELBY INTL Stock - Yahoo! Finance

The SEC regulators, attorneys, auditors and reporting requirements are very expensive.

To trade on stock exchanges, with public shareholders, is very expensive in legal and accounting bills. 10-K and 10-Q forms are required for public companies.

Public companies can still be shady like Enron, et al.

There are very large privately-held companies like Edelbrock. It went public and eventually returned to private ownership.

This is about all a retired old CPA can type on an iPhone without getting a smart guy to help out.

[RodKnock]

Originally Posted by rpatton3

The SEC regulators, attorneys, auditors and reporting requirements are very expensive.

To trade on stock exchanges, with public shareholders, is very expensive in legal and accounting bills. 10-K and 10-Q forms are required for public companies.

Public companies can still be shady like Enron, et al.

There are very large privately-held companies like Edelbrock. It went public and eventually returned to private ownership.

This is about all a retired old CPA can type on an iPhone without getting a smart guy to help out.

Ahhhhhh, thank you. I appreciate the "Accounting 101" meets "SEC Regulations" lesson. Might as well throw a few FASB's at me too while you're at it.

My point was: small is relative.

[rpatton3]

Originally Posted by RodKnock

Ahhhhhh, thank you. I appreciate the "Accounting 101" meets "SEC Regulations" lesson. Might as well throw a few FASB's at me too while you're at it.

My point was: small is relative.

Sure, everything is relative. Sounds like you speak the lingo with FASB, GAAP, GAAS, SEC, NASDAQ and, of course, the IRS. They took care of Al Capone when FBI could not.

Best wishes from the frozen South!