Below is the ONLY GENUINE profit & loss information IFUS has produced for public viewing in 5 years. It is easy to see why MW/RW and SonnyBoy Shill don't want share holders to know what is going on. The P & L is abysmal; showing that they spend $9 to make $1 in sales! In reality, it is even worse than that, as MW, et al, somehow forgot to accrue $30,000.00+ for interest on the CD loan.
Hopefully, the court ordered 2009, 2010, 2011, 2012 and 2014 financials will also be made public.
2013 Supreme Energy Profit & Loss
SUPREME ENERGY RESOURCES, INC.
Profit & Loss
January through December 2013
Accrual Basis
Ordinary Income/Expense
Income
Sales 32,986.50
Uncategorized Income 2,673.00
Total Income 35,659.50
Cost Of Goods Sold
Cost of Goods Sold 59,326.59
Freight Costs 8,162.79
Total Cost of Goods Sold 67,489.38
Gross Profit
Expenses
Accommodation 5,041.19
Advertising and Promotion 525.00
Auto and Truck Expenses 5,929.66
Bank Service Charges 894.66
Consultant 1,000.00
Finance Charge 290.25
Insurance Expense 6,601.89
Machinery Expense 89,020.74
Meals and Entertainment 2,500.03
Office Supplies 4,011.93
Officer & Management Fees 6,950.00
Payroll 26,410.11
Petty Cash 4,944.36
Postage and Delivery 999.82
Press Releases 274.00
Professional Fees 250.00
Rentals 9,390.96
Repairs and Maintenance 49,958.80
Sales Tax 422.85
Telephone Expenses 783.14
Travel Expense 6,133.28
Utilities 4,172.40
TOTAL EXPENSE 226,505.07
Net Ordinary Income -258,334.95
Other Income/Expense
Refunds/Credits 957.75
Total Other Income 957.75
NET INCOME -257,367.20
"Libenter homines id quod volunt credunt"
