This unaudited garbage is completely inaccurate...forget compliance with GAAP.
The Failure couldn't even be bothered to change the Footer.
They did nothing in Q2. No Marketing, no royalties, nothing. I'd like to say they enlisted legal help, but Parki decided to simply omit his SG&A sheet.
And completely ignore deferred salary expenses - poof, just gone. Couldn't even be bothered to carry over the amount he previously listed in Q1 on the income statement.
And just randomly cut by 75% his previously listed Q1 interest expense.
And inflate his Q1 before tax income by a couple hundred percent.
Enough. I can't even be bothered to look at this garbage any longer. No way anyone takes any of this nonsense seriously.
When the principal would rather get fifth in line on a lien on that beater grip truck rather than secure his personal loan with a portion of that magical film library, well...tells one all one needs to know about the actual market value of that fantasy.
Makes one wonder why he even bothered, as it has to be redacted anyway.
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