RJD Green Inc (RJDG)

[pantherj]

Worse yet is the comment in "Note 5" re: Income taxes. Read carefully!! Essentially when they say it is "not more likely than not" that they will ever realize (use) the NOL, they are saying that they do not anticipate ever making a profit requiring them to off set taxes due with the NOL.

I just love the "not more likely than not" statement. Typical Brewer double speak gobbledygook. The man is a died in the wool con.

Besides all of what you say and the over cooked, obfuscated "not" clause, the basic and underlying fact is that this is NOT a 10K and is NOT reliable because it is NOT AUDITED. Brewer can say whatever he wants, use whatever #s he wants, present the situations whatever way he wants, predict the future whatever way he wants.

Given Brewer's record of lying and breaking one promise after another, why should anyone accept his hyped up version of an unaudited" 10K as having any validity?