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Wednesday, February 20, 2013 9:41:56 AM
Now on the 500M, it's entirely possible it exists especially since Weber put it in his so called annual fins that were for 4th qtr, which generally appear as part of abnnual consolidation. But he also shows 800M in both the 2010 and 2011 fins. In fact in 2011, he also reports 0 (see first couple of pages). We have also found 5M shares back in Dec, so which is it?
You're proving Beast and Sammy's point. The constant and continuing discrepancies in the "financials" make it impossible to trust anything that's in there. Not to mention the balance sheet that doesn't balance, the completely inaccurate cash flow statement, etc.
And frankly, the suggestion that it is the responsibility of an investor to verify the accuracy of the filings by emailing the very person responsible for the inaccuracies just really doesn't make any sense. Seriously, is someone supposed to send him an email asking "Did you really mean what you just filed?"
He may be building a brand and selling some drinks, but until the numbers can be trusted this will remain a typical pinky running on nothing but hype.
imo, of course
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