"The low share price isn't a mystery or a conspiracy. Top line revenue is declining at 17% a year with no end in sight."

Enough BS

 

Here are the top-line revenue numbers, with sources. Please tell me which of these numbers is BS and I will stop repeating it.

 

 

  Revenue Source Q/Q Change Annualized Y/Y Change
Q3-2010 355,949 Q3-2011 MD&A      
Q4-2010 345,378 Q4-2011 MD&A -3% -12%  
Q1-2011 349,372 Q2-2012 Financials 1% 5%  
Q2-2011 342,738 Q2-2012 Financials -2% -8%  
Q3-2011 323,441 Q3-2011 MD&A -6% -23% -9%
Q4-2011 313,315 Q4-2011 MD&A -3% -13% -9%
Q1-2012 289,073 Q2-2012 Financials -8% -31% -17%
Q2-2012 286,484 Q2-2012 Financials -1% -4% -16%
Q3-2012 267,711 Q3-2012 Financials -7% -26% -17%