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really...how difficult is it for a legitimate entity to file basic
financial statements...should have this type information readily available
too many red flags waving with EEGI
my views and comments only of course
yes... I see what you mean..
Not sure why that couple continue to disagree...
sure thing...tell us how reliable those phone calls really are
and by the way could it be they are about as reliable as the growing number
of questionable EEGI financial statements flooding the OTC
seven months, wow my how time flies...
no need to call...it's somewhat obvious
isn't that about the same time when EEGI was going to become pink current
just any day....
Please study Tk accounting and consulting website....
When you do, you will note there is no mention of any of the employees there including Tiffany Bateman being a CPA...
one wonders why not mention to prospective clients that you are in fact a CPA
it appears this individual is a bookkeeper, quick books "expert", etc.
but NOT a CPA
my views and comments only, of course
yes, the filings contain suspicious content and why is it that they have multiple filings for the same years and two different attorney letters with different information
the motive for this type filing is unclear but seems to create confusion and delay the release of factual details of what is really going on with the entity
the emerald coast investment connection needs to be explained in greater detail
my views and comments only, of course
why would a bonafide CPA not mention the fact she was a CPA in her own
website--very odd
elementary dear PH...can you follow????
another strange tidbit....A steven a. smith, jr. is listed as the registered agent for a Emerald coast investments, inc. in fort walton beach, fl . filed October 22, 2019
address: 190 coral dr., SW, Fort Walton Beach, Fl. 32548
source florida department of State
is this the same steven a. smith, Jr. connected to eegi
and is this so-called Emerald Coast Investment entity the same one shown
EEGI recent filings with Jim Barnes as managing partner
how can there be two Emerald Coast investments overlapping with the same
characters
suspicious to me and believe that something odd is contained in these financial statments filed recently by EEGI
my views and comments only, of course
good find....seems suspicious to say the least
another strange note...eegi as per recent OTC filings pays 1660/mo to the location 227 W. 10th, Long Beach, Ca....how can this be without any revenue source
looking into that location reveals that the current resident is Josh Egelston age 46 with a past resident Steve Smith age 47
it must be that smith and egelston are involved in this endeavor in some
way
yes...O'brien located in huntington beach, ca and barnes located in the
fort lauderdale/miami area of florida...must be some sort of florida
connection to emerald coast investments headquartered in california
also, James Barnes shown on linked-in as a business partner in Emerald
Coast Investments Jan 2008 to present--has to be the same as Jim Barnes
shown on the linked-in discussed in the earlier post
Well.. on the linked in for Jim Barnes it is revealed he is securities counsel, general counsel for Emerald Coast Investments. He has held that title since 2016....
Now, there are not that many Emerald Coast Investments...so the question may become what is the connection between Michael O'brien and Jim Barnes
you are absolutely correct...the entire relationship makes no financial sense
this may be old information...all I could find about emerald was its owner is Michael O'brien, a mortgage broker located in Huntington beach, ca who has access to 25 banks. Attempted to locate the company, Emerald Coast investments on the California secretary of state data base, but could not find any such entity there
with constant filings which appear sketchy at best, going pink current may be a real challenge and even if that was accomplished what then....little if any assets, no revenues, etc. to allow this entity to prosper and increase the equity value
my views and comments only of course
well, it certainly looks suspicious to me...
not sure who is attempting to run the show here, but actions appear to me
as illogical at best
why so many filings that do not conform to the OTC guidelines
could be to buy time or to deceive about becoming pink current
financial statements provided are questionable
why does EEGI report advances from Emerald Coast Investments as income on
the p&L statement
looks like EEGI has no collateral for such a loan with Emerald and the
relationship is somewhat questionable
too many unresolved issues at this time
my views and comments only, of course
A lot of emphasis on EEGI becoming pink-current...
so then what--
look at the content of the statements being filed..questionable at best
what type entity reports loans received as income on the income statement
as EEGI has done
what type entity is Emerald Coast Investments and what is the association
with EEGI
even if pink current status is granted, there are still various concerns as
to how EEGI can generate valid income and continue to prosper to allow the
stock to become more valuable
my views and comments only, of course
no, no new narrative is needed...just look at the filed financial
statements and the fact the OTC pink limited (yield sign) continues to
remain and not be lifted by OTC
to get OTC pink current as most in here are constantly stating will happen
today, tomorrow, next week, next Thursday, next Friday, etc ...certain
requirements have to be met
incidentally, how long has it been since comments suggesting current status
would be forthcoming any day now were made on this board
my views and comments only, of course
Please review OTC Pink--Current information requirements--
It appears that EEGI perhaps may have barely met the reporting requirements
to be listed as Pink current with the OTC--however the content presented in
the financial statements filed is somewhat questionable to say the least
Further, it is not known whether EEGI has paid the $4200 annual
subscription fee to the OTC Disclosure & News Service as required
Also, how long has it been since EEGI has been alleged to be going pink
current????
my views and comments only, of course....
do you know why the advances to EEGI are classified on EEGI's income
statement as income???
odd arrangement......
Emerald Coast Investments...????
what type entity, who owns, why advancing money to EEGI
why EEGI reporting advances from Emerald Coast Investments as income
a strange and questionable association
my views only, of course
Based upon available information and filings for EEGI Tiffany Bateman is
the following:
a notary public
a senior accountant
a partner in the two person partnership, TK Accounting and Consulting
I cannot find where she is an employee of EEGI which she would most likely
have to be if she were an officer of EEGI (CFO)
Likewise, to me it does not appear she is a CPA.. None of the information
publicly available and from her website or her linked in account mention
the title CPA
of course my views only
please remain focused on the situation here..
we all know the general information you continue to spew forth
is the alleged CFO of this small entity, EEGI, really a CFO or a CPA?????
too much general and known information--how is all that applicable to this
entity?????
what about the alleged CFO of this tiny pink sheet company who apparently
is a part time CFO/intern/trainee for EEGI as she is a partner in the
entity, TK Accounting and Consulting
based upon the vagueness of the financial statements apparently prepared by
the alleged CFO of this very small pink sheet entity, it would appear the
overall importance of the CFO here is a lot less than a qualified CPA
trying to sift thru the reported information to determine what is fiction
and what is not..it appears that some details are emerging as fiction
you may need to look at the income statement and the balance sheet
a loan receivable would be money advanced to an entity by EEGI..that entity would be repaying it to EEGI and possibly interest income as well..did not see a loan receivable on the balance sheet of EEGI
We are talking about money advanced by Emerald Coast Investments to EEGI which is reflected on the balance sheet and is reported on the income statement as income to EEGI
There is no evidence of a forgiven loan by Emerald Coast Investments
may be an exception..
however, in this instance with EEGI is this a small business loan that
meets a particular exception which would require it to be reported as
taxable income to EEGI
Just a casual overview of the financial statements prepared by Tiffany
Bateman reveals questions. Anyone relying on the financial statements as
additional assistance in determining whether to make an investment or not
could be impacted. For instance why are loans from Emerald Coast
Investments shown on the p&L statement as income to EEGI.
The entire arrangement with Emerald Coast Investments needs further
explanation.
of course, these are solely my views
Tiffany Bateman possibly could be a CFO of the entity on a trial or intern basis...
however it would seem to clash with her being a partner along with her
other partner, Kelly Cronin in that partnership referred to as TK
Accounting and Consulting
Regardless, even if she is a so-called CFO that alone does not make her a
CPA
Speaking of dreaming...
why not look at the financial statements of EEGI in an objective manner
instead of constantly bellowing out trite shopworn phrases which have
no value to anyone attempting to evaluate this entity
sure it does
and incidentally yours does?????....laughable
CFO better than CPA...don't think so in this situation
CFO of a pink sheet entity with questionable financial statements
vs. a qualified CPA..
in my view there is no way the CFO in this scenario would be better
sure..why not.... are you implying there is a lot of BS here??
do you mean this is the twilight zone??
per filings EEGI is stated to be in good standing with the state of
Wyoming--please reference the Wyoming secretary of state business search to
see that this may not be actually the case or perhaps the Wyoming site may
not be updated
so much emphasis on going current....
going current with what.....confusing and incomplete p&L and balance sheets..is that the way to do it???
new filings....seems a different format was used for all p&L and balance
sheets beginning for year 2019 and continued thru the 2nd quarter 2021..
It appears all these statements were prepared in August, 2021
curious...what do the filings really show about the financial condition of
EEGI and the arrangement with Emerald Coast Investments
strange first 2 2021 quarterly P&L's and balance sheets for EEGI
Emerald Coast Investments loaning money to EEGI which is shown as income and cash in bank and loans due back to Emerald Coast Investments
Wonder what or who is emerald coast investments and what the arrangement really is
well, it does seem suspicious....and yes if that is the motive maybe the financial statements are not completely accurate...not sure why a senior accountant would pose as a CPA...a definite risk for her
please review the linked in information for tiffany bateman as well as the web site for the partnership TK Accounting and Consulting (www.tkact.com)
There it is revealed that the two partners are senior accountants..They are Tiffany Bateman and Kelly Cronin
No where in the website detail is it mentioned that either of them are CPA's
Seems a little questionable to this poster