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Wednesday, February 17, 2016 8:23:29 AM
NO. It's ESCU's auditor saying there's a $40M asset in the company
How on earth could an alleged Startup have ZERO PRODUCTS AND REVENUE yet have a $40,000,000 Million dollar Asset?
Is Escue Energy Inc trying to do what the United States Securities Exchange Commission possibly considers Microcap securities fraud?
http://www.sec.gov/investor/pubs/microcapstock.htm#WhatIf
Assets Are Large But Revenues Are Small Microcap companies sometimes assign high values on their financial statements to assets that have nothing to do with their business. Find out whether there's a valid explanation for low revenues, especially when the company claims to have large assets.
Didnt Escue Energy Inc tell the United States Securities Exchange that it is Cash Strapped, has ZERO REVENUE and ZERO PRODUCTS?
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