How did GDSM's Accumulated Net Loss grow from $1
Post# of 390
Posted On: 02/20/2013 10:17:37 AM
How did GDSM's Accumulated Net Loss grow from $11,615,963 in 2011 to $13,010,178 in Sept 2012? (This is verified in the filings).
That is an increase of $1,394,215 for a company that had no business activities, bought nothing, no revenues, absolutely nothing. So how can a nothing company lose $116,184 (average) every month?? What could GDSM spend this much on? They couldn't even pay the $10 website maintenance fee! This does not compute!
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