Sure! He didn't have quite the con-nivence of today's fresh-start setups back then, but you get the idea.
Start with a couple thousand. Arbitrarily assign whatever valuations that are required to perfectly offset the sloshing of a bunch of illiquid securities around (Mostly amongst yourself and a few insiders) until you fill in all the lines OTC Pink has asked you to. End with a couple thousand.
You'll be delighted to know that this fun exercise in fantasy accounting also doubles as the business plan! Just juice some of 'em a little while you slosh, and enough liquid eventually gets donated to the cause. Apparently.
There'll be no judgement, because this President, CFO, Director, and Secretary wouldn't dare submit these to anyone that actually cares.
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