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Re: Renee post# 111686

Sunday, 08/21/2016 9:07:44 AM

Sunday, August 21, 2016 9:07:44 AM

Post# of 233947
And its going to get way worse - tons of toxic debt outstanding. In 10-K Company reports annual operating expenses of $569,000 (approx. $47,000/month) but only gross revs of $67,000 - approx. $5,500/month - and Feldman has a $100,000 a year employment contract so he'll keep bringing in the toxic to pay himself.

He didn't disclose his whole background either Feldman was fired from Law Enforcement Associates and then he sued them for wrongful termination and lost http://www.ca4.uscourts.gov/Opinions/Published/131849.P.pdf. Law Enforcement Associates issued these 8-K filings http://www.wral.com/asset/business/2009/12/02/6533027/LEA_SEC_FILING.pdf and https://www.sec.gov/Archives/edgar/data/1165921/000118143109057462/rrd260244_30667.htm - seems investors would find this relevant especially in light of the huge losses this company keeps racking up.

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