May. 7 at 8:36 PM
$AMC Books are cooked @ AMC some serious skimming off the top , hugely inflated expenses (actual cost of new soda machines
$20,000,000 ? AA claims
$100,000,000) ZERO Corporate Taxes for over 8 years straight … Billions and billions of revenue over 8 years and yet not one single penny in taxes …. creative accounting 101 investors would absolutely lose their minds if they could actually see a real expense sheet for each quarter it’s been going on since day 1 on Wall Street thousands of companies on Wall Street have been caught cooking the books the penalty 2 to 10 million fines from SEC and guess what attorney fees and fines you can write off as well hilarious just the cost of doing business ! When you see AA do a one time charge of
$230,000,000 at earnings call they are usually rolling in a law suit settlement again goes against the profit !