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Re: imshredin2 post# 124055

Wednesday, 04/22/2009 10:57:14 PM

Wednesday, April 22, 2009 10:57:14 PM

Post# of 192568
Please don't explain factoring to me. What you fail to realize is, according to Jared, EESO IS NOT A SMALL BUSINESS! PROJECTIONS OF $136 MILLION FOR 2009? $50 MILLION DOLLAR CONTRACTS? OFFSHORE OPERATIONS? OFFSHORE CONTRACTS? OMG A $500 MILLION BUYOUT!?

In my prior life, I audited a small business with roughly $100 mill in revenue. They had a full accounting department, with fully audited financials to keep the banks happy. When I say "full accounting department", I am saying a 2000 sq ft room with several accounting employees. They did their own payroll, which made the audit a pain. This "small business" was actually pretty large, with several buildings. Five of us would spend an entire Saturday auditing inventory. EESO is a penny pump scam.