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Re: cpw13154 post# 11863

Wednesday, 08/21/2013 2:08:52 PM

Wednesday, August 21, 2013 2:08:52 PM

Post# of 84319

really love this one he takes a huge salary knowing he can show on paper when he lends money back its done @ o interest. Oldest trick in the book



What is the trick in this? His salary of $106K, which is far from huge, was somehow used in trickery to lend $160K? How does that work exactly, lol?

A line of credit at 2% interest: Yeah how did that work out when you paid $96,000 in interest to them that comes right off the top oh yeah that's strong



Remember, the 2% interest credit line was announced recently. The most recent financials your attempting to post about were for the period ending June2013.

Loss accumulation rate declining WHAT LOL what were the % last year?



We were told the loss on the quarter would exceed one million dollars. It didn't. Fact is, the simple math shows revs and profits increasing 60-70%, and the net loss only increased a mere 17%. Simple math, and looks positive.