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Re: None

Wednesday, 04/16/2014 8:25:14 AM

Wednesday, April 16, 2014 8:25:14 AM

Post# of 70041
They should have had a rendition of TAPS playing in the background when they filed this 10k.

No shock here. No revenue, stock fraud lawsuits, and the largest debt the company holds is in toxic notes and accrued salaries of the officers. Where are the assets? Where is the capitalization of the costs associated with the research and development of the superfood product x?

One poster refers to this an empty shell. The 10k pretty much confirms that assessment is dead on balls accurate.

What possible good is a 7 million dollar loss carryforward when you have no means to generate revenue in which to offset that against. There does not appear to be anything in the 12-31-13 statements associated with Product X. I guess Captain Quirk is keeping that information a secret from the SEC and IRS so as to not tip their hand into what catagory beverage group they are delving into. Afterall, its proprietary information and who is the SEC or the IRS to expect disclosure of the companies "behind the scenes" operations.

It is what it is and will most likely always be just as it is.

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