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Re: Cache post# 23930

Wednesday, 10/02/2019 1:55:20 PM

Wednesday, October 02, 2019 1:55:20 PM

Post# of 26020
Cache...NOT a lie. Read the Balance Sheet on the financial statements:
Negative Retained Earnings as of December 31, 2015; —$7,949,584.05.
Negative Retained Earnings as of December 31, 2016; —$8,706,596.55
Negative Retained Earnings as of March 31, 2017; —$9,455,665.88.
Negative Retained Earnings as of June 30, 2017; —$9,401,676.43.
Then the approximate $9.4 million doesn’t show up on the Financial Statements anymore.
Why did the negative Retained Earnings disappear?
You should have an Audit Committee of share holders, I would volunteer to be on that committee.