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Re: FroMagic post# 69125

Tuesday, 11/01/2016 9:43:47 AM

Tuesday, November 01, 2016 9:43:47 AM

Post# of 78703
It is clear from the financial statements that they are a scam.

Gross income is trivial, however they further trivialized expenses so as to appear to have a net profit. If memory serves me correctly, expenses were less than 10K per quarter.

Where is rent expense? Officers salary? Shipping costs? Company vehicles? Utility expense? Repair and maintenance? Attorney and CPA (Professional) fees? Employees salaries? Accrued taxes and insurance?

The statements are fraught with typographical errors.

If these things are not enough to convince ANYONE that this is a scam then there is nothing that can be said here that will change their mind.