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Re: Whiplash_Investor post# 204961

Thursday, 03/07/2013 10:12:22 AM

Thursday, March 07, 2013 10:12:22 AM

Post# of 289423
OK, this ranks right up there with his most ridiculous "financials". What he has done, since he realized that the original balance sheet didn't balance, was change the Liabilities and Owners Equity to balance with the Assets.

What he didn't do was change any of the underlying numbers (A/P, shares, equity), so it still doesn't balance.

Completely embarassing. He obviously has no idea of even the most basic concepts of finance. Forget audited financials, how about financials that make even a modicum of sense?