Thursday, December 19, 2019 4:45:37 PM
Looking back, the company did show revenue in 2013 & 2014. It is quite interesting when looking at those two year's financials as the actual amount of revenue is unclear.
Looking at the 10k for year end 3/31/2013 the company claims revenue of $1,158,742. However, in the 10k filed the next year the revenue number for year end 2013 has been adjusted down to $320,226. My guess is the claim will be that Kenny absconded with that money, but then that would show up somewhere in the financials as a bad debt expense, which there is a line item of $240,673 listed.
Anyone know why 2013 revenue was adjusted from $1,158,742 to only $560,899?
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