Saturday, June 22, 2013 7:18:33 AM
- financial statements specifically refer to being prepared acording to USA GAAP when they are not US GAAP.
- numerous strange and odd discrepancies : negative total assets,lack of accruals for expenses, lack of entries for contributions for expenses, odd after the fact insertions such as shares issued but no corresponding entry to financials or re-statements
-using SEC 8k form which implies is SEC reporting company when it is not
- claiming merger which requires consolidated financials and notes on merger which dont appear.
-claims to have acquired for shares mortgage-generation busienss which to date has no reported revenue,profits, or even assets acquired
I think like the fake MBA issue if you actually consider these points and look into point by point, you will see that the filings are either incorrect,incomplete or misleading. You have ruled out that MBA is mentally disturbed, but you have confirmed his fake MBA which may explain the lack of knowledge and experience to make proper filings.
So question is you came up with only 2 reasons you felt CEO qualified- an MBA ( which you have proved is from a degree mill), and that filings are made ( which are misleading,incorrect or incomplete. Please do show me that these are incorrect assertions- I woudl love to know how on earth anyone with a smattering of business or investment knowledge could claim the financial statements of this company are prepared according to US GAAP as the statements themselves claim !!
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