Can anyone explain this? In 2011, GDSM's Accumula
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Posted On: 02/23/2013 9:06:22 AM
Can anyone explain this?
In 2011, GDSM's Accumulated Loss was $11,615,962.
Sept 12 GDSM's Accumulated Loss grew to $13,010,178
That is an increase of $1,394,215 or $116,184.58 every month!
How can a company that has NO BUSINESS TRANSACTIONS OR OPERATIONS, PAYS NO RENT, HAS NO EMPLOYEES, LOSE $116,184.58 EVERY SINGLE MONTH?
WHERE DID THE MONEY GO?
AND IT GETS WORSE!
TOTAL LIABILITIES:
2009 = $694,780
2010 = $782,750
2011 = $765,785
2012 = $801,859 THAT IS AN ADDITIONAL INCREASE IN CURRENT LIABILITIES OF $36,074 FOR 9 MONTHS IN 2012.
BEER MONEY FOR MARC?
Marc Lovito, CEO of GDSM
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