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MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

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Comment by WeeblesWobbleon Dec 03, 2018 6:20pm
146 Views
Post# 29057395

RE:RE:RE:RE:RE:RE:RE:MYM Announces $25,000,000 CDN Equity Investment

RE:RE:RE:RE:RE:RE:RE:MYM Announces $25,000,000 CDN Equity InvestmentJerbot, dude.  I'm a CPA.  You can't "cook the books" using a forward split.  Why?  Because your share capital (expressed in $'s) doesn't change.  Only the number of issued and o/s shares changes.  Similarly, you can't cook the books with a reverse split.  Why?  Same reason as a forward split.  No professional judgement to be applied. 

Unlike, DD&A.  If you're going to cook something, easiest place is DD&A.  Just ask WorldCom.  They capitalized current expenses and deducted depreciation instead.  Result?  Artificially inflated profits.  BTW, MYM has no profits to inflate.

Devil's Advocate (ie: lawyer) should get some introductory accounting training.
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