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Re: Pres46 post# 109027

Wednesday, 04/25/2018 10:49:28 AM

Wednesday, April 25, 2018 10:49:28 AM

Post# of 122991
why does he need a salary....his " Selling, general and administrative" expenses are off the charts and unexplained. $38,716/month avg for 2017....on what? rent is less than 3k/month on both the store and the HQ.
Where on earth does the other $35,000/month go?

If you look you will see deferred compensation-CEO of $628309 which is more than enough to offset that deficit.



$338,555 bank lines of credit (all credit cards)
$437,781 convertible debt
$252,796 "accounts payable???" he owes a quarter milly to vendors???? ($98,965 in interest alone)
$133,781 " Advances from stockholder and accrued interest"

$1,162,913 total

beware of the pump it will leave you in the dump