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Re: BigJuan post# 52930

Friday, 09/19/2014 4:20:27 PM

Friday, September 19, 2014 4:20:27 PM

Post# of 70041
I thought you received that email today. It was very clear that the reason that it wasnt on the 10Q was because it was financed.

Thats not an accepted accounting practice. GAAP is very specific about the timing and reporting of fixed assets or capital assets, not going to get into the SEC requirements for disclosure of assets of a publically traded company.

That was a HUGE mistake IMO by someone trying to make reason out of a situation that wasnt expected to be questioned by the ignorant shareholders.

Sorry but it is what it is and FPFI was caught again. Maybe after the weekend and some consultation from someone that will take shares in lieu of cash they will have a more acceptable reason for non disclosure. IMO its too late to cover that one now.

Again, GAME OVER!

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