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Demain

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Alias Born 12/26/2016

Demain

Re: None

Wednesday, 12/09/2020 10:30:53 AM

Wednesday, December 09, 2020 10:30:53 AM

Post# of 46166
$681,900,00 interest payment in one year!
Rather than take a salary, Stuart provides "loans" to INTK and that is how he is compensated. The last reported interest expense for one year was $681,900,00. In addition, there is the unexplained "unusual expense" of $119,800.00. The interest expense plus the unusual expense was $801,700.00. The total sales for the year was $483.800.00.
The financials are unclear if all or part of this money went to Stuart and perhaps he can provide details in the next Zoom call.

https://www.wsj.com/market-data/quotes/INTK/financials/annual/income-statement
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