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Re: None

Thursday, 08/14/2014 7:23:53 PM

Thursday, August 14, 2014 7:23:53 PM

Post# of 20669
I've read many a 10-Q but this one is by far the most egregious.

I was going to post snippets of what I found the most funny but realized there was no point. The whole thing is hilarious.

The one part I wish they would have elaborated on was this....

Item 1. Legal Proceedings.

Inolife Technologies, Inc. v. Sharon P. Berthold, 14 CVS 3156-Forsyth County, North Carolina:

This is an action against a former officer of the Company. Counsel for Inolife believes that the litigation has no material detrimental effect to the Company’s financial situation.

The Company is currently not involved in any other litigation that we believe could have a material adverse effect on our financial condition or results of operations


It only explains why Sharon was removed from her positions in the company.

IT IS WHAT IT IS.