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Re: Drugdoctor post# 9086

Thursday, 07/07/2016 12:42:23 PM

Thursday, July 07, 2016 12:42:23 PM

Post# of 14452
Not only have taxes gone unpaid they're HUGE!!!

Even though you could not provide proof of any taxes paid or unpaid in the financials, it's in there.

Provision for tax liability in 10k from 2014 shows a tax liability of $234,323 [column on left] on revenues of 75,000.

Net (loss) before Income Taxes (1,414,520 ) (417,090 )

Provision for Income Taxes (234,323) —

Net (loss) (1,180,197 ) (417,090 )



http://ih.advfn.com/p.php?pid=nmona&article=66447537

For 2015 10q it appears Craig 'forgot' to show the same provision for 2014[column on right] and reflects no provisions for taxes in 2015[column on left].

Considering KAYS stated and unpaid tax liability for 2014 as reflected above in the 2014 10k was over 200,000 on 75k of revenue it is safe to assume that the tax liability on 324.000 reported revenue in 2015 would be over half a million dollars.


Net Income (loss) before Income Taxes (3,327,64) (2,544,208)

Provision for Income Taxes — —

Net Income(loss) (3,327,645) (2,544,208)



http://ih.advfn.com/p.php?pid=nmona&article=71495723

And to prove that no taxes have been paid, column on left is for 2015, column on right 2014:

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Taxes paid — —
Interest paid — —


http://ih.advfn.com/p.php?pid=nmona&article=71554481

So again I point out that there are NO PROFITS to be realized for the last 2 years even though 2015 gross profits were 80,000 because KAYS owes back taxes of almost ! MILLION dollars.

Correct me if I'm wrong, but The numbers speak for themselves. and the message their telling is RUN, RUN AWAY from this SCAM as fast as you can!!

[b[color=red]]!!!INVESTORS BEWARE!![/color]!




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