CaliPharms Inc (KGET)

[rawman]

Estimated total 2017 Gross Harvest/Income value = 1,868,160.00

Once again, Bobo "THE CLOWN" Linton demonstrates that he is completely full of BS!

THE CLOWN is purportedly running a company, but doesn't know "jack" about accounting! It is laughable! Bobo uses the word "INCOME" to completely mislead unassuming investors! INCOME is what is left after EXPENSES have been deducted from REVENUE! "Gross Harvest value" is REVENUE, NOT INCOME! REVENUE is TOTAL SALES WITHOUT REFLECTING EXPENSES!

BIG SURPRISE! BOBO'S NUMBERS ARE BS!

IF there is a 2017 harvest in Humbolt County, IMO, KGET will NOT make ONE NICKEL OF NET PROFIT, i.e. "NET INCOME"! If there actually is positive net income, i.e. net profit, it will be miniscule and Bobo will be "entitled" to only 51% of the "miniscule" amount!

BTW...Bobo "THE CLOWN" Linton used the INCORRECT ACCOUNTING TERMINOLOGY TO FREQUENTLY MISLEAD INVESTORS, when he was touting the virtues of selling wood pellets! The list of (INTENTIONAL?) ERRORS is lengthy, with several actually included in various SEC financial filings! After the errors were publicly "exposed" here on IHUB, Bobo continued to ignore the requirement to file amended 10-Q's and 10-K's!

Facing SEC oversight, is it any wonder why Bobo "THE CLOWN" Linton, "DE-REGISTERED" with the SEC, no longer conforming to this regulator's mandated investor protections!

BTW...KGET HAS NO MONEY, SO ONE MUST ASK, "WHO IS FRONTING THE WORKING CAPITAL NEEDED TO START-UP THE WHOLE MJ CULTIVATION OPERATION!" IF PCG IS FRONTING THE MONEY, KGET WILL BE RESPONSIBLE TO REPAY 49% OF THE EXPENSES OUT OF ITS 51% OF ANY HARVEST REVENUE PROCEEDS, PLUS KGET WILL STILL BE FACED WITH PAYING OFF THE PCG ACQUISITION! The underlying business "principle" is pretty basic, i.e. when a company has NO MONEY and NO APPARENT SOURCES OF FUNDING, including WORKING CAPITAL, investors are basically SOL!

BEWARE!!!