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TenKay

07/23/15 9:28 PM

#36002 RE: oilfieldmafia #35999

A million what? It sure wasn't dollars. Perhaps you can point to the 10-K that shows such a terrific profit.

I-Glow

07/24/15 9:45 AM

#36019 RE: oilfieldmafia #35999

HJOE having over $1 million in revenue before the PLN lawsuit - is a forum myth and certainly not backed by facts.

Made over a million one year before the PLN fiasco.

It is very odd that HJOE couldn't produce the documents to verify all of the losses that they and a few shareholders are claiming and that is why they filed a Joint Motion for Dismissal.


In the 2012 10-K it states the revenue for the year was $1,079,234 but what has been overlooked is that HJOE wasn't involved in the Q1 (Accredited Members Holding Corporation) and their revenue was $445,931 for the quarter for the Q1.

Here you go:

2012 Q2 the revenue was reported as $260,172

2012 Q3 the revenue reported as $386,560

2012 Annual report revenue was reported as $1,079,234.

So the HJOE revenue for 2012 was $633,303.

Substantially less than the much reported over $1 million in revenue.

As usual with HJOE there are problems with the financials.

IG