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Re: Small Timer post# 50487

Monday, 09/10/2012 1:45:29 PM

Monday, September 10, 2012 1:45:29 PM

Post# of 52575
I assume you also noted that $66,643, is in the form of Q2 receivables and that the Q1 and Q2 financials are 'Unaudited'.

It has also been reported that debt has been paid, assume noteholders are part of this. Yet long term loans still exist and Total Liabilities far exceed Total Assets, of which I would question 'Hotel Installations in Progress' which constitutes the majority of Total Assets.

But what do I know, I'm not an accountant, just another board idiot.

All IMHO

D

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