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Re: AnG5640 post# 177073

Thursday, 04/03/2014 2:33:07 AM

Thursday, April 03, 2014 2:33:07 AM

Post# of 380521
actually, you are wrong yet again

the Dec 31, 2013 quarterly cash flow statement shows that there was ZERO changes in A/R, yet a comparison of the Sept 2013 and Dec 2013 balance sheets show that A/R actually increased by $45,690, fully suggesting that the financials were COOKED.



https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=116301




"the financials above show zero change in A/R for the quarter ending Dec.31, 2013, yet there were zero A/R for the quarter ending Sept 30, 2013, implying at A/R increased by $45,690."

That's not what I'm seeing...... Per the Sept 30th Balance Sheet, A/R was zero. Per the Dec 31st Balance Sheet, A/R was $45,690......so A/R increased by $45,690 from Q3 to Q4. The cash flow statement correctly shows the increase in A/R as a subtraction......since it's not cash yet......

I don't understand how you are seeing zero change.......