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Friday, July 31, 2020 1:01:05 PM
has written off debts to others, at the expense of the company, without explaining it adequately, to shareholders.
berman has done this many times in the past. It must be how he covers his inadequate financials. Bad debt write offs go all the way back to ISCR days when Sir William Walling was writing up glowing testimonials concerning company future guidance that never occurred. Instead, berman wrote off millions, not hundreds of thousands, in uncollectible debt from one or more of their 4 or 5 customers.
There never was any real accounting for this write off. Just a blip in the Q or K and the time
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