Nice to know you can play with numbers, never saw that much before. The issue you dont take into account is the voodoo accounting that goes on in the fins. I wont even deal with the prior to 1Q 2017, as there were only losses and broken committments on auditing, share reductions, dental services income and MJ company acquisitions. At the end of the 2017 year, he "sold" approximately $1.6 million and collected $212k of it. In the numbers you cite, the net income "assumes" all 1.6 million of "sales" will be collected-every dime of it. His collections for the year equaled about 15% of that. In the subsequent 1/31 fins, A/R's grew to around $2.2 million, with an addition of $900k in sales. We'll take out 1Q 2108 revs from the AR's, and you have around $1.3 million in A/R's STILL not collected from 2017, 90 days after the annual fin end date. That means 100% of remaing A/R's are 90 days or older, and in the 90 days after 2017's close he only cleared another $100k from the original $212K!! No way any auditor will let him get away with that. You should know better, and I know you see the problem now, as I just put it right in your face.
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