Replies to post #20897 on Livewire Ergogenics Inc (LVVV)

[doesitreallymatter]

Totally false and malicious info posted - re"At September 30 inventory consisted of packaging and packing peanuts and no finished goods.

Right out of the Sept 30th 10Q... here's the truth about inventory... Sheesh...

This is right out of the 10Q.

NOTE 5 – INVENTORY

The Company outsources the manufacturing of their consumable energy supplements. The wife of the Company’s CEO owns approximately 8% of this food outsource producer. The Company believes that they are a minor customer of this outsource producer and that production terms with this outsourcer are conducted on an arms-length basis.

September 30, 2014 December 31, 2013
Finished goods $ — $ 423
Packaging materials and production supplies 148,988 66,445
148,988 66,868
Reserve on inventory (17,899 ) (20,634 )
$ 131,089 $ 46,234

What exactly to you think packaging materials and production supplies are? ROFLMAO.