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YTB screws the pooch even more



 
 
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Old April 3rd, 2010, 04:43 AM posted to rec.travel.cruises
Dillon Pyron[_2_]
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Posts: 1,100
Default YTB screws the pooch even more

I saw this in the trades. Actually, it was in the sub tropics so
there aren't any trades blowing around here. But I digress. Which is
becoming more common for me over the last little bit, you know how it
goes. But I digress.

Ever controversial multilevel marketer YTB International anticipates
a net loss of $9.9 million for the fiscal year 2009, compared to a net
loss of $4.5 million for the prior year, the company told the
Securities and Exchange Commission (SEC).

YTB also said that it is unable to file its Annual Report (Form 10-K)
for the fiscal year ending December 31, 2009 by the SEC deadline
”without unreasonable effort and expense.”

http://www.travelagentcentral.com/co...ion-loss-20636


Notice that expenses were down for 2009 vs 2008. One way to do that
is to flat out do less business. Another way is to not pay your
agents.
--

- dillon I am not invalid

The more I drink, the less I think. The less I think,
the better I feel. The better I feel, the more I drink.
And so goes the circle of life.
 




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