Posted On: 10/15/2014 12:21:58 AM
Post# of 43065
"You math is poor...go figure! 850,000 x 1.4 = 1,190,000 after tax = 650,000+ -
I believe the replacement figure for the repair as new was 275,000, so 42 % + -
Do you still have every penny that you've ever earned ?"
- Golfgod
Keep in mind that nobody but Mr. Bordynuik knows how much he paid himself in total. $2 million is just what the public can see through the SEC filings and depositions. We simply don't know how much Mr. Bordynuik paid himself in total out of that $60M for wearing other 'hats'.
My personal guess is that Mr. Bordynuik took in well, well north of $2M out of invested funds. He apparently bought a round of Cadillac Escalades for his kids and Escalades are $90k vehicles...probably closer to $100k when adding in taxes and everything else. Under Golfgod's math, it doesn't seem likely Mr. Bordynuik would spend fully half of his after tax 'winnings' from swindling investors on toys for his kids.
I believe the replacement figure for the repair as new was 275,000, so 42 % + -
Do you still have every penny that you've ever earned ?"
- Golfgod
Keep in mind that nobody but Mr. Bordynuik knows how much he paid himself in total. $2 million is just what the public can see through the SEC filings and depositions. We simply don't know how much Mr. Bordynuik paid himself in total out of that $60M for wearing other 'hats'.
My personal guess is that Mr. Bordynuik took in well, well north of $2M out of invested funds. He apparently bought a round of Cadillac Escalades for his kids and Escalades are $90k vehicles...probably closer to $100k when adding in taxes and everything else. Under Golfgod's math, it doesn't seem likely Mr. Bordynuik would spend fully half of his after tax 'winnings' from swindling investors on toys for his kids.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
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