SUTIMCo International Inc (SUTI)

[dukeb]

I don't think Jorge is working for "FREE." I think the PR said his compensation was "deferred."

The amount of Jorge's wages should be on the expense side of the Income Statement with a corresponding entry on the liabilities side of the Balance Sheet.

Of course if his travel and other expenses are being covered by SUTI as Jorge does double-duty for SUTI and his personally owned ventures then there should also be some accounting entries showing reimbursement to the Company FROM Jorge.

I'm sure that the crackerjack accountant/B-I-L is all over it.