Replies to post #27305 on Eco Innovation Group Inc (ECOX)

[wakeupdummy]

that is nonsense
first off they are not a big company a quarter mill in profit is no huge deal..nice but that's all.
second,any company with a clue knows exactly what the profit/loss is up to the day,pays their taxes quarterly and has NO reason to panic spend at the end of the year to hide profits...that is beyond absurd,and a good way to send up red flags.
having said that,they are making money and i hope this goes up...it should if they are done selling.
DIGX

[wakeupdummy]

and of course you realize
the profit is not taxable until drawn on.these guys should be on a regular payroll leaving most profits safe in the corporation. taxes are an absolute non issue as it is just based on what you pay yourself.. at the same time you can suck off the company claiming it as business expense.so there is no need to cover your tracks end of year. which is why they supplement their income dumping stock.
let's see this hit doubles next week ;-)
DIGX