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Re: alabama96 post# 53611

Tuesday, 05/30/2017 7:22:49 PM

Tuesday, May 30, 2017 7:22:49 PM

Post# of 61041

the financials state they are US GAAP compliant. Why do you claim they are not.



Numerous reasons. Almost every single line item is non-US GAAP compliant. But the bogus "valuation" of the "gold mine" alone is clearly non-GAAP compliant. It is also fraudulent.

The other property valuations are also non-GAAP compliant and almost certainly the same. GAAP doesn't allow you to just slap whatever value on an asset you feel like, which is clearly what they have done.