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Friday, October 17, 2014 7:25:54 AM
Before we get to that, why would EMF make any profit at all? It's illegal.
And dumb, because there is another LLC that Amato created to be the holder of all the property, probably all the goods too, especially given the number of times we've heard "EMF has no pot, they just manage it for growers".
EMF would own the pots and the shovels, which depreciate. EMF would pay "rent" to the mystery LLC, and lose money.
- for tax purposes
- to avoid paying QEDN a dime of the profits. What profits?
So there's reason #1 why QEDN never sees a dime. No profits.
Reason #2? The percentage they would get if there were profits.
0%
Because to get more than 0%, they have to come up with financing.
BWAHAHAHAHAHAHA! Right. Financing.
Don't shed a tear for Purdon or Makmann though, they've made their money.
Used to be your money.
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