Replies to post #219306 on DD Support Board and Research Team

[OMOLIVES]

Let me follow up with the balance sheet BS. Business expenses or any other liability can mean breakfast, lunch, dinner, lodging, rentals, vehicles,land,home, golf, country club,fishing, hunting, skiing, box seats, concerts,condos,cash..hockey, hockey, hockey.....etc,,,etc.

They do it for that shit only...the real shitty ones that is. If I can expense...I don't need a Salary. Especially when I have an $expense draw in place...lol...lol
:)

[janice shell]

What?? The lender buys a promissory note for, say, $50K. Another lender buys one for $50K. Both have stock purchase agreements with anti-dilution clauses.

The CEO signs on the dotted line and collects $100K. He pays himself $10K a month out of that. Calls it GS&A. Whatever. Probably he's not doing audited financials anyhow.