Gunther Grant Inc (GNGR)

[bar1080]

What the heck does "Assets/Cash $105,000" mean?

Does it mean "assets including cash" equals $105,000. If so, it could simply mean GNGR has an uncollectable receivable of $105,000 and not one cent of cash. Normal accounting practice is to have cash shown on its own line.

What happened to the casino receivable from just 10 weeks ago? Where is that revenue/asset item on that hopelessly inadequate "financial statement." Where are expenses... stuff like rent, accrued taxes, utilities, phone, legal, insurance? Salary expense??? What time period is spanned by those numbers? Where's revenue from those silly silver "brains?" we heard so much about?

Why no signature under those worthless "FINANCIALS?" [that word is in all-caps on GNGR's website]. Who wrote that gibberish, Grant or Amy?

Anyone else longing for details on that $105,000? Whatever it is, I'm pretty certain it isn't unencumbered cash. That's my opinion based on 20 years hanging around crap pennies. And I'm rarely wrong!