Puration Inc (PURA)

[TenKay]

Those fins are so obviously bogus. They had a net cash flow of EXACTLY $100K equal to the revenue? That is pretty much impossible. It basically means they did not actually spend a single cent on ANYTHING. How does a company have all expenses as "accrued"? The cash flow statement is crap because it doesn't show actual change in their cash position as it is suppose to. Plus they don't show ANY "cash" asset on the balance sheet (i.e. Bank account) ... yet they say they increased their cash by $100K.

Those fins aren't even wrong....lol.