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overachiever

08/26/07 11:51 AM

#2306 RE: stockasaurus rex #2304

This is an interesting item. Last year, PNMS claimed to have made the following profit for the year. (year end, Dec, 2006)

NET INCOME (LOSS) $ 27,397,406


I wonder how much money they paid the IRS for the stated income? The problem is that once again there seems to have been no provision made for taxes and no money disappeared from the balnce sheet for the payment thereof.


http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=9939