InvestorsHub Logo
Followers 57
Posts 7389
Boards Moderated 0
Alias Born 08/16/2011

Re: scoobey-do post# 52613

Saturday, 06/25/2022 12:58:29 AM

Saturday, June 25, 2022 12:58:29 AM

Post# of 52999
They really screwed up the 12/31/21 Balance Sheet assets as well..

Other Assets is overstated by $150,000.
The sum of Current Assets + Other Assets is overstated by $1,108,952 .

I think they monkeyed around with the Retained Earnings in order to get the Assets = Liabilities + Equity .

And this was the Amended annual report which means they screwed up something else earlier.

Overstating assets is a sure way to get yourself in big trouble.