Replies to post #78513 on All American Pet Company Inc (AAPT)

[doesitreallymatter]

From an accounting stand point, SQ was a variable interest entity. The consolidation rules were changed specifically for situations like this. It should have been consolidated.

[Pitt Bully]

STARRQUEENS ILLEGAL TAX EVASION VEHICLE. Controlling shareholders paid themselves wages via a corporation to avoid using their SSN and paying personal taxes, then falsely reported wages as 1099 Income to avoid payroll tax liability. Unethical and Illegal. Wages were reported in the filings. Wages not reported in the employer tax returns. Its fraud and tax evasion.

[Pitt Bully]

AAPT's Pied Piper of Monaco led all of those poor investing children to slaughter at the hands of Barry & Lisa's greed. The Pied Piper of Monaco must be very proud of that accomplishment.

[Pitt Bully]

Barry's RollsRoyce, needs a $5,000 oil change. Pony up shareholders