Replies to post #155810 on Stella Diagnostics Inc (SLDX)

[dukeb]

Putting aside the pesky question of the relationship between ORT and TDEY it is entirely possible that Kent owns the building and is leasing it to ORT. One would think that this sort of transaction would be disclosed but if accuracy of that recent filing is any indication, then attention is to detail is not a Kent forte.

In fact, personal ownership of a building with the company leasing it back is not unusual in private industry. The goal is to reduce the Company's taxable income (and pick the pockets of partners and/or shareholders as appropriate) by paying large rents to insiders, paying big salaries and providing perks like Kent's Mercedes: all complements of his shareholders.

[space1230]

Period? lol. The calendar disagrees with your "period" on the office status. The building that Kent built and OWNS was completed in October 2015. The lease amount is for the Q3 period ending September 30, 2015. That 6k is 2k per month to the Re/Max building. You know, the office where Linduff never existed, remember? I don't have to "re-read" the financials. I read them correctly the first time

Even Kent disagrees ...the office is leased .....period. ... Reread the fins.