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Re: zombywolf post# 154806

Monday, 02/05/2018 8:41:16 AM

Monday, February 05, 2018 8:41:16 AM

Post# of 255651
That was a good one lol. I tweeted back to him yesterday 10 questions. He can begin to regain credibility with investors by responding. Perhaps with todays update.


My tweets to Steve
@On4company Thank you for the shout out Steve. I'm on my bathroom break. My shift ends at 5. I have some questions for you if you'd indulge me and all the frowning ONCI investors.
https://twitter.com/CountryRocks561/status/960265346967011330

1/10 - Why do you exclude a "Reserve for Sales Returns & Allowances" in your P&L. You report Gross Sales only and receive a 12.5% sales commission on that inflated number (my opinion). Will you be charged back for any future returns?
https://twitter.com/CountryRocks561/status/960265435672403968

2/10 - Why do you exclude an "Allowance for Doubtful Accounts" from the balance sheet for potential bad debts?
https://twitter.com/CountryRocks561/status/960265541863858176

3/10 - Will the 1099 independent reps you hired also be paid in the same generous fashion? Or will they be charged back?
https://twitter.com/CountryRocks561/status/960265607458541574

4/10 - What is your total unreported Delaware debt, including penalty and interest?
https://twitter.com/CountryRocks561/status/960265676656136194

5/10 - Why did you omit reporting the Delaware debt in the 10/31/17 balance sheet?
https://twitter.com/CountryRocks561/status/960265736609566720

6/10 - Why did you omit disclosing the Delaware debt in the footnotes?
https://twitter.com/CountryRocks561/status/960265796948815872

7/10 - Will the 10/31/17 FINS ever be audited? Some Ihub posters are speculating that's a possibility.
https://twitter.com/CountryRocks561/status/960265851508285440

8/10 - Why are your customers such slow payers? From my analysis of A/R over 12 mos, you billed $1.3 mil in the May 2017 - Oct 2017 period but only collected $52k. That doesn't make sense.
https://twitter.com/CountryRocks561/status/960265896307646464

9/10 - What are your normal customer payment terms? It would seem Net 120?
https://twitter.com/CountryRocks561/status/960265937164357633

10/10 - Lastly, will you do another CC in the near future with "live Q & A". I'd like to call in and ask these same questions, so investors outside of Twitter can hear your answers. Well my Walmart bathroom break is over. GTG. Go Eagles!
https://twitter.com/CountryRocks561/status/960265961235415040


FOLLOW ME ON TWITTER => https://twitter.com/CountryRocks561

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