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Re: Stanner post# 9392

Tuesday, 05/23/2017 1:44:25 AM

Tuesday, May 23, 2017 1:44:25 AM

Post# of 17235
Needs an accountant...$4,965,000 was wrote

of at year end 03/31/2012...


Financial info posted at

otcmarkets.com shows it...


2011 to 2016 info...


http://www.otcmarkets.com/stock/CSOC/financials#

established adding about $5

million of tax losses to

carry forward from 2012 year end...


2011 to 2016 balance sheets...

click on balance sheet...


http://www.otcmarkets.com/stock/CSOC/financials#


Tried to add about $4,913,000

of debt back at year end

2015 but no add for

an equivalent asset valuation...


Short Term and Current Long Term Debt 4,913 4,913 37 63


Improper accounting is also

what created the huge

deficit for equity also...


Retained Earnings (10,167) (9,873) (5,213) (101)


Capital surplus lines

also raise a query on

2012 add for what?...


No idea on proper way to

account for adding in a

debt buyout of a non-

performing previous asset...


But this certainly doesn't

appear an example of how

to do it properly...LJ




Gee Beav, rithmatic isn't usually this hard to read!

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