I did some quantitative analysis on the accounting and finance numbers provided by Sulja in past PR's and posts by its ex-CEO. Ignoring a few months timing differences here is an analysis of available cash that I have foresically determined should be available to Sulja as of Dec. 31/06. (expressed in millions of dollars) Inflows: Net Income for 2006 year ...... $15 Nominee share sale proceeds ....$11 Sub-total ........................$26
Outlays: Pay out Sulja debts ............$ 7 Purchase of Sams ...............$ 1 Legal and professional fees ....$ 2 Travel costs ...................$ 1 Sub-total outflows ..............$11
Net cash available ...................$15
Net cash available per PV ............$0.5
Difference ...........................$14.5
Do you care to comment on my analysis as to where the missing $14.5 million was spent?