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Re: Colworth post# 1161

Friday, 12/20/2013 4:49:04 PM

Friday, December 20, 2013 4:49:04 PM

Post# of 63806
Oh. So if Manta says it, it must be true. Sorry but Manta.com has no way of knowing what this private company's balance sheet, income statements or tax returns look like. They call companies and ask them what their employee totals are, look up their SIC codes and speculate on their income unless the company actually tells them what those numbers are. The age of the data is indeterminate and the year 2013 isn't even complete so the absolute best they can project is for 2012.

The real data is what their PCAOB audit will state when published (if it is ever published, as it must be if they complete this deal). That's when we will all know what is what.

I'm not trying to flame you, but what you are engaged in is idle speculation based on a less than reliable source (Manta.com). You state categorically that they are engaged in fraud, but I have seen no statement that says they have generated $50M in revenues, only that they hope to. I have seen statements that PAWS is claiming that Mesa claims $3.6M in revenue in November. This is not fraud. Now, if it turns out that they did not do $3.6M in November, that might very well be fraud, but to categorically call it such is defamatory and premature. Especially as you have no actual evidence, only extrapolations from old data (if it is data) from Manta.com.

http://www.manta.com/coms2/page_faq

Where does Manta get its company data? (collapse)

The basic company information on Manta is collected by third-party publishers through multiple sources, including public company financials and trade records; public records such as business registrations and government registries, and direct phone calls to businesses. When a company profile shows it has been "updated by" a Manta member, the data has been provided by a representative of the company.