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Wednesday, June 14, 2017 9:14:20 AM
I HAVE NOT YET READ BUSINESS FRAUD FOR DUMMIES, BUT I DO KNOW IF YOU TAKE A GREAT DEAL OF MONEY THERE SHOULD BE SOMETHING TO SHOW FOR IT!
Where did all of this money go? IF YOU TAKE A GREAT DEAL OF MONEY YOU SHOULD BE ABLE TO SHOW SOMETHING FOR IT. WHAT WE SEE HERE IS $13,780.000.00 MAGICALLY TURN INTO $265!
There is $275 in the bank, no goodwill, no inventory and no physical buildings. Industrial Nanotech had 5 factories in 2009, where did the proceeds from the sale of the factories go?
INDUSTRIAL NANOTECH TOTAL CASH AVAILABLE = $275
Total Cash & Short Term Investments = $275
Total Inventories = $0.00
Net Goodwill = $0.00
Research and Development Expense Last Reported Quarter $15 a day
Total Value of Buildings+Land+Improvements = $0.00
Net Income = Negative $13,780.000.00 LAST FIVE YEARS
Unusual Expense in 2015 = $674,167.00
http://www.marketwatch.com/investing/stock/intk/financials/balance-sheet
http://www.marketwatch.com/investing/stock/intk/financials
http://www.nanowerk.com/news/newsid=8802.php
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