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Tuesday, May 21, 2024 9:17:10 AM
The Twits on Twitter who think the second column on page 13 shows the actual number for Q1 2024 -- it's still only $13,028 net income for the quarter. And they supposedly spent $28.3 million on "general and administrative" operating expenses in one quarter? Say what?
And you think "they are not shy to amend any filing" is a good thing? Their errors were sloppy and unprofessional. Maybe a good thing would be to proofread the filings before uploading them?
They absolutely will file an amended Q1 statement because there's an error on page 15: the second column shows 2024 when they meant 2023.... This is supposed to be a multi-billion-dollar company but there's nobody with high-school-level accounting skills who can prepare a financial statement and nobody with high-school-level English reading skills who can proofread these statements? There's a pump going around that this company wants to uplist to NASDAQ -- the SEC 10-Q is a lot more complicated than these alternative reporting statements.
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