Home > Boards > US OTC > Banking and Finance > Global Payout Inc. (GOHE)

I was examining GOHE’s financial audit for 2017

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freemoneyfella   Monday, 01/06/20 02:49:23 PM
Re: None
Post # of 5838 
I was examining GOHE’s financial audit for 2017 & 2018 and the audited results are much much worse than what GOHE had previously reported to shareholders and OTC Markets.

Linked below are restated 2017 & 2018 financial results filed with OTC Markets.

https://backend.otcmarkets.com/otcapi/company/financial-report/215254/content

On page 26 of the filings above, GOHE management reported the following Net Losses,

2017 Net Loss $(4,817,743)
2018 Net Loss $(7,999,938)

And today GOHE management finally releases it’s audit of 2017 and 2018 results and the audited results show Net Losses that are actually way way higher than GOHE management’s already restated results reported to shareholders and OTC Markets.

Linked below are the audited 2017 & 2018 results and the audited results show the following, see page 5.

https://backend.otcmarkets.com/otcapi/company/financial-report/238098/content

2017 Net Losses-audited $(27,698,525)
2018 Net Losses-audited $(38,788,256)

So GOHE management reported Net Losses of $(4,817,743) for 2017 when Net Losses were really $(27,698,525).

And in 2018 GOHE reported Net Losses of $(7,999,938) when Net Losses were actually $(38,788,256)

Clearly, GOHE shareholders have been victimized by GOHE’s managements massive fraud and don’t even realize it yet.

GOHE management has been grossly under reporting tens of millions of Dollars in net losses.

GOHE management should be investigated for a massive multimillion dollar fraud.


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