No doubt in my mind. LOL Shawn boasts the best quarter ever nearly every time. Few believe anything that is said in his press releases anymore. That July 17th press release was as hard a pump as Shawn Leon has ever put out and it resulted in only 42 million shares traded for the day. Most saw right through the debt repackaged in the property purchase, sale leaseback scheme that was sold as debt retired with profit from the scheme that had $1 million in fees and expenses alone. He boasted Q2 to be the largest PROFIT ever for the company. LOL Yet the filing revealed that the operating income declined 38% year over year. How large was that operating income? Only $32K for Q2 from reported revenue of $1.5 million.
Yes, they are making so much money, but it will take longer to count.
The Company further reports that its ARIA subsidiary’s extremely strong results in April and May continued in June and overall revenue for the ARIA subsidiary will be approximately $1,450,000 for the quarter, which will result in ARIA’s highest quarterly profit to date.
For the three months ended June 30, 2023 and 2022.
Revenues Revenues were $1,565,959 and $1,138,032 for the three months ended June 30, 2023 and 2022, respectively, an increase of $427,927 or 37.6%...
Operating Expenses Operating expenses were $1,533,813 and $1,086,270 for the three months ended June 30, 2023 and 2022, respectively, an increase of $447,543 or 41.2%...
Operating income Operating income was $32,146 and $51,762 for the three months ended June 30, 2023 and 2022, respectively, a decrease of $19,616 or 37.9%....