Enzyme Environmental Solutions Inc (EESO)

[enzymesarecool]

"also, where in the hell did that "goodwill" number come from? who did eeso acquire to justify goodwill of close to a million smackers?

the $3 million plus of the formulas is also a joke."

Seems to me they acquired Jared's old firm - anyone care to figure out how and why you book goodwill when you by another firm? And who the recipient of that goodwill dollar figure is?

As for the formulas, they jump all over the place in value. Jared will need to convince the auditor that they are worth what they are being carried as on the books. Not a chance in my books.

I recall digging further and laughing at how amateur these financials were and how obviously ficiticous they were. No auditor will ever sign off on anything that relies on what jared has already put out there....and he won't pay to have them come to an audited conclusion because then they are virtually auditing from the start of the company.

It is one thing to have to gain assurance over reasonable numbers and then sign off - it is another to walk into a bunch of made up numbers and have to put your professional designation on the line. Not likely to happen.