Sunday, January 03, 2016 5:40:27 PM
General & Administrative Expenses
-What they told you: $319,524 (Travel+Legal+Administrative)
-What the audit says: $2,439,302
Difference: $2,119,778
Interest Expenses
-What they told you: $0
-What the audit says: $1,090,285
Difference: $1,090,285
Goodwill Impairment
-What they told you:$0
-What the audit says:$ 1,024,358
Difference: $1,024,358
Total Operating Expenses
-What they told you: $778,911
-What the audit says: $4,202,804
Difference: $3,423,893
Net Loss from Operations
-What they told you: $408,529
-What the audit says: $3,925,413
Difference: $3,516,884
Other Expenses:
-What they told you: 0
-What the audit says: 12,698,789
Difference: $12,698,789
Total Net Loss:
-What they told you: 408,529
-What the audit says: 16,624,202
Difference: $16,215,673
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