Replies to post #58813 on Eagle Worldwide Inc.(fka ELWD)

[lemon]

Good! That certainly makes me feel better. Let's drop it and see if others feel the same way you do come Monday. Have a nice day! And good luck to you!! lol

[big blue boy]

Hey
I want to finally get Level II, does anyone have any suggestions for where I should get it from?

[ezzo]

Most companies pay quarterly, some pay annually. The fact that there are no taxes reflected in that last statement means nothing.

First of all, has MT ever gone into detail as to how taxes are assessed and to whom they are paid? From what I have read so far, it appears that most, if not all of Panamersa's revenue is generated in Panama or Costa Rica. Is tax not due to the Panamanian govt? Probably. Is any tax payable in the US? Not likely unless the revenue finds its way back here.

I would suggest that failure to post tax owing on ones financials is severly misleading. Especially if the tax liability is in the millions...based on 4th quarter earnings.Is this material misrepresentation?

Don't forget that illusive $80 million that showed up in Q4.

Also, don't forget all the hype and noise made about "certification". I would assume that MT closely read the financials before "certifying" them as legit. The Sept 30 financials show this liability but the yearly financials don't carry over. Strange!