Replies to post #375 on The Staffing Group Ltd. (fka TSGL)

[DD2Gain]

Let's see...no facts to back up claims:

company is not nearly bankrupt

$3 million in LATE toxic obligations
$2 million in payroll taxes payable ($1 million from 2013)
5 MILLION in NEGATIVE equity
On track for $4 million in losses this year with $11 million total already.
Revenue averaged per branch down sharply.
$130K cash on hand per the last Q.
7.3 BILLION OS with 20 BILLION AS.

Say...where are the banks lining up to loan Schadel money? Heck, where are the toxic financiers lately?

about to start growing even bigger while becoming stronger

Public record is that the company has shrunk from 30 to 20 branches and maybe even down to 19 if we look at the website's location map.

no CEO would buy billions of its own stock if it were anywhere close to going under

The $220,000 bonus Schadel gave himself to buy stock at .0001 says otherwise. How much of a loan do you suppose he got when he showed his assets at .001?

also one can't assume tax liabilities aren't being paid on time

One would do well to review the 2014 Q1 and Q2 reports to see the late 2013 payroll taxes and then at least acknowledge that 2015 payroll taxes payable were last reported as twice as much.