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Prime-Time

12/26/18 5:34 AM

#99953 RE: LoanRangerTX #99952

That’s completely false and the math is not done that way. Talk your way right outta that one. Math has standards to calculate value and that’s not how it’s done. $$$SPRV
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rawman

12/26/18 6:05 AM

#99956 RE: LoanRangerTX #99952

And as a practical matter, SPRV posted a signed Balance Sheet for the period ended June 30, 2016, which showed TOTAL ASSETS OF LESS THAN $600,000! SPRV has been "out of business" for years!

It is a simple fact, companies DO NOT ADD millions in Assets, when the company is NOT conducting business!

Even with the add of Web to Door, $5 million in Total Assets is FANTASYLAND!

Wouldn't it be special if this OTC Pinkyland non-reporting POS were to post a pro forma financial statement, rendering the Total Asset discussion mute? IMO...it ain't gonna happen! It is extremely dangerous to invest, based upon nothing more than a contrived asset calculation and a State of Delaware "stab-in-the-dark"!
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DewmBoom

12/26/18 8:33 AM

#99966 RE: LoanRangerTX #99952

Fake Analysis.....SPRV GONNA BE HUGE...TAKE A LOOK

DE does not make guesses....If DE has to do it on their own, they will tax them at a flat rate of $200,000 based on their share count. The Asset Valuation must be presented to DE by the company using Form 1120, Schedule L Federal Return Form.

Total Gross Assets shall be those “total assets” reported on the U.S. Form 1120, Schedule L (Federal Return) relative to the company’s fiscal year ending the calendar year of the report



https://corp.delaware.gov/frtaxcalc/