Friday, April 01, 2011 12:54:37 PM
I will compare this Balance sheet and filings to past Quarterlies to see what I can find.
Something else very curious to not is the 100,000 Income listed as Loans.
First of all Revenues generated from Loans are Liabilities and not Revenues.
To declare them as Revenues is incorrect and is an obvious ploy to enhance the Balance Sheet.
For Revenues from Loans to be declared they would have to be the interest we collected on loans issued by us to others.
If that is not the case here someone has a lot of explaining to do.
eye
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