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Groupon slashes its previous revenue report by 57 percent
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The following comments relate to this news article:

Groupon slashes its previous revenue report by 57 percent

article published on 23 September, 2011

If there was any more reason to believe that daily deal giant is not a viable company, the site has now restated its 2010 earnings, slashing previous revenue by 57 percent. Additionally, the company announced its chief operating officer (COO) is leaving after just five months on the job. "Correcting for an error in its presentation of revenue," the company restated revenue for 2010 ... [ read the full article ]

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JGJD2001
Junior Member
_ 		23. September 2011 @ 21:26 _ Link to this message    Send private message to this user   
with new types of groupon companies opening up and offering better deals to clients, its simple why they won't go back to groupon who still insist on screwing clients with their high rates and unfair demands.
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llongtheD
Suspended due to non-functional email address
_ 		23. September 2011 @ 22:57 _ Link to this message    Send private message to this user   
Uhh, how do you make a mistake that big in your presentation of revenue? More con artists willing to take the public for a ride. I really wonder exactly what prompted their IPO cancellation, and brought to light their seemingly retarded mistake. Was this why google pulled out from their bid to purchase them?
[ + quote]
If your fish seems sick, put it back in the water.
LordRuss
Senior Member

1 product review
_ 		23. September 2011 @ 23:31 _ Link to this message    Send private message to this user   
"Ignore The Man Behind The Curtain!!! He IS Of No Concern!!! All This Flashy Crap Going On Before You Is What Should Be Of The Most Importance!!! Never Mind What He Is Doing Back There!!! You Might Feel A little Pressure!!!"

And here I thought this kind of 3 Card Monty & gullibility (especially on this kind of grand scale) had been done away with. Silly me.
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http://onlyinrussellsworld.blogspot.com
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llongtheD
Suspended due to non-functional email address
_ 		23. September 2011 @ 23:41 _ Link to this message    Send private message to this user   
Originally posted by LordRuss:
 "Ignore The Man Behind The Curtain!!! He IS Of No Concern!!! All This Flashy Crap Going On Before You Is What Should Be Of The Most Importance!!! Never Mind What He Is Doing Back There!!! You Might Feel A little Pressure!!!"

And here I thought this kind of 3 Card Monty & gullibility (especially on this kind of grand scale) had been done away with. Silly me.
It's so sad but true. The American public is being taken for a ride and most of them won't wake up until it's too late.
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