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Friday, January 03, 2014 2:02:15 PM
lOl @ foley folly ntek projection fraud fantasy!
(1) Look at the payroll. $290,556 for every month, constant. Zero growth company. No new programmers/engineers or high quality hires. Zero. Nada. Zip. No growth. Fake numbers.
(2) Folly failed and meant to put $250,000 in the 3rd month instead of $25,000 (under HR Fees - Bonuses). Fake numbers.
(3) Shipping. $15,000 for the ENTIRE year, lOl...$33,885,315 (almost 34 million dollars)...shipped...for $15,000....total. For the year. Folly needs to revisit this...fabricated calculation. Fake numbers. Shipping imaginary products. To Brazil.
(4) Equipment. Constant $25,000 per month. That means for the whole year...$300,000...they can purchase ONLY one "content scanner"...or lease just a couple/few. Their alleged ballgame is "content"...where's the equipment capital outlay to support any growth. That's right...there isn't any growth. Just...fake numbers. That don't add up.
(5) Audit is only done once a year (annual report)...not every quarter. Folly failed fantasy. No reason to pay for work that hasn't been performed. There will never be an audit. Fake numbers. Abound. Especially from the past (need 2 years audited financials) share distributions and unaccounted-for-assets of near ten million dollars. Galore.
Link > ~$9,800,000 Unaccounted-For-Assets
(6)Travel expenses way too high for months that there aren't any trade shows...folly needs to revisit these fake numbers...
No need to go over the projected revenues as we all know that those numbers (and previously reported revenues/profits) are beyond fake.
Fraud...comes to mind.
ntek = suspension looming.
Link > ntek folly fraud fantasy
(1) Look at the payroll. $290,556 for every month, constant. Zero growth company. No new programmers/engineers or high quality hires. Zero. Nada. Zip. No growth. Fake numbers.
(2) Folly failed and meant to put $250,000 in the 3rd month instead of $25,000 (under HR Fees - Bonuses). Fake numbers.
(3) Shipping. $15,000 for the ENTIRE year, lOl...$33,885,315 (almost 34 million dollars)...shipped...for $15,000....total. For the year. Folly needs to revisit this...fabricated calculation. Fake numbers. Shipping imaginary products. To Brazil.
(4) Equipment. Constant $25,000 per month. That means for the whole year...$300,000...they can purchase ONLY one "content scanner"...or lease just a couple/few. Their alleged ballgame is "content"...where's the equipment capital outlay to support any growth. That's right...there isn't any growth. Just...fake numbers. That don't add up.
(5) Audit is only done once a year (annual report)...not every quarter. Folly failed fantasy. No reason to pay for work that hasn't been performed. There will never be an audit. Fake numbers. Abound. Especially from the past (need 2 years audited financials) share distributions and unaccounted-for-assets of near ten million dollars. Galore.
Link > ~$9,800,000 Unaccounted-For-Assets
(6)Travel expenses way too high for months that there aren't any trade shows...folly needs to revisit these fake numbers...
No need to go over the projected revenues as we all know that those numbers (and previously reported revenues/profits) are beyond fake.
Fraud...comes to mind.
ntek = suspension looming.
Link > ntek folly fraud fantasy
