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Re: GALGO post# 12474

Thursday, 11/27/2014 5:02:06 AM

Thursday, November 27, 2014 5:02:06 AM

Post# of 13148
Complete nonsense. In fact exactly the opposite is true:

"NNAN increasing revenue as per today's filing."

So far this year NNAN have revenues of $135,774. Last year their revenues at this stage were $141,992.

So revenues are actually declining, directly contrary to your mistaken assertion.

One thing that has grown dramatically is the number of shares outstanding:

Currently the O/S is 597,473,866. A year ago it was 240,252,062. That's dilution of 150%.

Most of those extra shares have gone directly to crooked CEO Jim Wemett and his organized crime cronies via toxic debt issued by shady companies that he and Mike Weiner in fact control.

Also if you eradicate the item "Net (loss) gain on extinguishment/modification of debt" which is simply a bogus accounting transaction masking one of Wemett's many toxic loans to his own company, then once again NNAN made a loss.

As an individual, of course, Wemett made out like a bandit.

That's because he is a bandit.

You might want to check the real figures which can be found here:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10308172

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