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236T568

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236T568

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Thursday, 12/01/2016 1:20:36 PM

Thursday, December 01, 2016 1:20:36 PM

Post# of 9884
Scam company STOY never manufactured the Cloudpets toys

https://www.sec.gov/Archives/edgar/data/1520108/000149315216012422/form10-q.htm

"During 2015, commencing in the second quarter, the Company earned revenue from its physical toy line in two ways. The primary source of revenue was receipt of royalties when our licensee sold CloudPets. But we also earned revenue by purchasing the electronic components for the CloudPets and reselling them to the company that assembled the CloudPets units."
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