These are the actual SG&A figures gleaned from VLDI's 10Ks for the years 2001 - 2019
2001 - 516,829
2002 - 473,306
2003 - 1,752,725
2004 - 3,058,649
2005 - 2,213,403
2006 - 1,890,887
2007 - 1,598,242
2008 - 1,282,969
2009 - 572,705
2010 - 500,780
2011 - 664,550
2012 - 646,150
2013 - 1,447,993
2014 - 739,680
2015 - 825,058
2016 - 897,497
2017 - 499,323
2018 - 269,141
2019 - 42,314
Total SG&A expenses for the years 2001 - 2019 - $19,892,201
The claim that Bruce Benn stole $45,000,000 of the company's SG&A funds during any five-year period of time between 2001 and 2019 requires one to conclude that in that five-year period, Bruce managed to steal 2.262193107741069 times the total funds that were possible. In other words, Bruce had to steal $25,107,799 in five years that did not even exist during the entire 19-year period. AND it would mean that he did not spend one single penny during those 19 years for a single legitimate SG&A expense, AND he somehow managed to get the CPAs to lie for 19 years on his behalf in AUDITED FINANCIALS that were then fraudulently submitted by them under oath to the SEC.
IMPOSSIBLE!!!
TPP
Answer a fool according to his folly, or he will be wise in his own eyes. (Proverbs 26:5)
