How much cash is left? Not profit. Cash.
Promoters spent part of the investors’ funds — ~ $3.5M on 2008 Bentley Continental, a 2012 Mercedes-Benz C-Class, a 2015 Porsche Panamera, along with $250,000 toward a yacht and expenses related to a movie company. seattletimes.com/business/local…
Promoters spent part of the investors’ funds — ~ $3.5M on 2008 Bentley Continental, a 2012 Mercedes-Benz C-Class, a 2015 Porsche Panamera, along with $250,000 toward a yacht and expenses related to a movie company. seattletimes.com/business/local…
"To create the illusion that the marijuana business was profitable and paying dividends Griffithe allegedly paid out purported profit distributions to some investors, which were partially funded in a Ponzi-like fashion using funds from other investors." sec.gov/litigation/lit…
"We are working with a 40% profit margin about [sic] acquisition, packaging and distribution to the retailers. This along with the flower will move us into the gross revenue range of 1.3-1.4M per month with profits at 40-42%. WE ARE HERE!!!!!!" courthousenews.com/wp-content/upl…
