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Michael-Goode

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Michael-Goode

Re: nodummy post# 42932

Monday, 04/22/2013 2:13:20 PM

Monday, April 22, 2013 2:13:20 PM

Post# of 221942
That has to be the worst series of financial statements I have ever seen. To go from $500k in CASH at the end of 2010, lose $74k and use up $45k of cash in operating activities in 2011 and end up with $0 cash and $0 assets boggles my mind. Their $64k in fixed assets at the end of 2010 also somehow disappeared without any depreciation in 2011 or evidence that the assets were sold.
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