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Re: creakyhottie post# 8870

Tuesday, 03/05/2024 10:45:42 AM

Tuesday, March 05, 2024 10:45:42 AM

Post# of 9043
Audits are a detailed accounting of more than just revenue/expenses/etc of what one might consider a company's "operations". Tony's accounting of some things might appear a wee bit sketchy to an auditor. They list a variety of items on their balance sheet that to me seem questionable; not just the Sumcoin investment.

Intangible Assets
BioBody 5,000,000
US Patents SHBAN 1,250,000
Research & Development 15,250
Accumulated Amortization (6,250,000)
Total Intangible Assets, Net 15,250
Other Assets
Investment in Calcium Carbonate 30,000,000


An investor should be able to rely on the audit to determine whether the company is worth an actual investment and not just an opportunity to flip the stock based on the bullshit the CEO puts out on Twitter. My opinion is that an audit can't be completed based on the current OTC report.

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!