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zekeman

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zekeman

Re: Highlander2 post# 57752

Sunday, 11/23/2014 6:23:33 PM

Sunday, November 23, 2014 6:23:33 PM

Post# of 140288
"Highlander2", What u see is the "net accumulated loss/deficit" on the LVGI balance sheet. It has nothing to do with the state of the company .... I am NOT versed in SEC audits & therefore can not offer an explanation of exactly what it is but the company has about $600K in debt & the "accumulated loss" is a calculation from the inception of the company. If u want a more accurate explanation please consult an accountant that is familiar with public entities & their balance sheets. regards, zeke
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