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Tuesday, November 01, 2022 9:38:01 AM
Why Lie about Finances?
Business owners may manipulate the accounts to make the company look healthier to investors or lenders. They can do this by either inflating income and asset values, or underplaying the company's debts and liabilities.
Stuie has repeatedly announced audited financials and all we are left with are the hilarious Stunancials, Stuie's own version of a financial staement, that condradicts reality by ignoring the long-standing IRS and State of Florida tax liens and astoundingly claiming that no taxes are owing even though the tax liens are a matter of public record. Since Stuie is the only source of the financials, there is no way to actually gauge the financial health of INTK
https://smallbusiness.chron.com/financial-statement-fraud-57182.html
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