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Sunday, July 27, 2014 11:52:13 AM
Also, on the DD, it is very easy to try and change information, records, etc. but the historical data cannot simply be erased. There is no denying the connections between Margrit, Zodiac, ECO and certain media she'll companies. They've attempted to cover their tracks by changing names, addresses, controlling interest listings, etc. but they can't wipe out the historical data. Posting just the new altered information as DD is simply wrong and misleading.
Bottom line is this. The company has blown through what's probably close to $35-40 million since inception. They've basically had the same 4 or 5 employees the entire time and total time of actual operations is in actuality only three, maybe four years. They only brought in maybe 2 containers during those periods as well. So where did all that money go? Didn't go to product, didn't go to marketing, didn't go to facilities, equipment, capital expense, human resources, etc. the company put out maybe a million for every single expense that could possibly be associated with the operation and the balance of tens of millions went to the siblings. Here is no possible accounting for the sum of accumulated loss going back through the Q's and K's along with the most current filings. There is no other answer. Ask yourself this question as simple DD... What could the company have spent $30 plus million on given all of the information we have on the operation? Nothing adds up other than the inevitable realization that it all went to four or five really big salaries and personal expenses for Margrit and her siblings. My biggest problem is that lots of polls say y need to spend money to make money but not only is the imbalance here so enormous but it is unexplainable and unaccountable under any non-fraudulent scenario. Good luck to all but be well aware this boat is going down by the stern very quickly.
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