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Re: C-Money365 post# 106511

Friday, 04/07/2017 11:02:46 AM

Friday, April 07, 2017 11:02:46 AM

Post# of 107227
Something doesn't smell right.....

"AZUGROUP, through its wholly-owned Italian subsidiaries generated €13.2 Million (US$14.2 Million @ 1.07) in revenue during 2016. AZUGROUP has current revenue and assets valued at €10.2 Million (US$11 Million @ 1.07)."

Who adds revenues and assets together in order to come up with a valuation?

Slick talk for some slick accounting.....
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