Author Topic: Scam Alert Sungames  (Read 278889 times)

Offline yechielM1

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Re: Scam Alert Sungames
« Reply #225 on: June 12, 2014, 02:50:34 PM »
The company was audited a few days ago - successfully! Please explain to me how this is fraud???

Online henche

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Re: Scam Alert Sungames
« Reply #226 on: June 12, 2014, 02:55:26 PM »
The company was audited a few days ago - successfully! Please explain to me how this is fraud???

lol

Offline churnbabychurn

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Re: Scam Alert Sungames
« Reply #227 on: June 12, 2014, 02:56:02 PM »
The company was audited a few days ago - successfully! Please explain to me how this is fraud???
Last years audited financials contain a going concern disclaimer.
Quote
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements the Company has suffered a loss from operations and has negative working capital and a stockholders’ deficit that raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Offline Ergel

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Re: Scam Alert Sungames
« Reply #228 on: June 12, 2014, 02:56:42 PM »
my offer still stands
You haven't been following. He steals from pushkes, not gives to them.

The company was audited a few days ago - successfully! Please explain to me how this is fraud???
Mr. "I kind of work for a hedgefund"- seriously?
Life isn't about checking the boxes. Nobody cares.

Offline shimino1

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Re: Scam Alert Sungames
« Reply #229 on: June 12, 2014, 02:59:13 PM »
@yechielM1
First, did I forget to welcome you to the forums? Welcome to the forums. Im sure youll have a lot to lern  and a lot to share with all of us.
I know that youre very busy with all your hedge funds and never have time to chat on forums but if you find some time you might find that ddf has a whole big forum not just one thread that you seem fixated on.
I admire your determanation but dont you think youve hit a bit of a brick wall here  on ddf? I think youll find easier to scamm people elsewhere. (did I use the word scamm again?)

Offline yechielM1

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Re: Scam Alert Sungames
« Reply #230 on: June 12, 2014, 03:00:04 PM »
Last years audited financials contain a going concern disclaimer.

That's true and all activity since then has also been audited proving my point.

Online henche

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Re: Scam Alert Sungames
« Reply #231 on: June 12, 2014, 03:05:44 PM »
Don't ask us for tzedaka when you're being indicted by the SEC and FBI. 

Offline Drago

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Re: Scam Alert Sungames
« Reply #232 on: June 12, 2014, 03:13:01 PM »
Don't ask us for tzedaka when you're being indicted by the SEC and FBI. 
Unfortunately, the Jewish community will come asking us to donate b/c of 'pidyon shivuim'. and ppl will blame the government for being anti-semitic.

I strongly advise ppl who actually have information of the owners, biz model, ppl who have lost money, etc, to report it to both the AG as well as the CC companies likely being scammed.

Offline avrumy22

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Re: Scam Alert Sungames
« Reply #233 on: June 12, 2014, 03:17:08 PM »
I actually kind of do. Your not bad:-)

Your company should invest in http://www.spellcheck.net/:P

Offline Drago

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Re: Scam Alert Sungames
« Reply #234 on: June 12, 2014, 03:18:51 PM »
Your company should invest in http://www.spellcheck.net/:P
His hedge fund is running low on funds.

Offline churnbabychurn

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Re: Scam Alert Sungames
« Reply #235 on: June 12, 2014, 03:19:51 PM »
That's true and all activity since then has also been audited proving my point.
Which activity has been audited since then? The quarterly reports are unaudited.
Honestly its starting to sound like you have no idea what you are talking about... You're going to lose that hedge fund job if you don't get up to speed on the basics of capital markets asap..

Offline Menachem613

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Re: Scam Alert Sungames
« Reply #236 on: June 12, 2014, 03:47:10 PM »

That's true and all activity since then has also been audited proving my point.

Which firm?

Offline elit

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Re: Scam Alert Sungames
« Reply #237 on: June 12, 2014, 04:22:08 PM »
Emkay if you know the names of the people who are doing this ask your lor, it probably is a mitzvah to publicize them since they are חוטא ומחטאי and מחללי ה ברבים (apologize if my Hebrew spelling is bad) and I could keep going on the list of עבירות they are commiting which requires one to publicize the individuals involved
« Last Edit: June 12, 2014, 04:25:18 PM by elit »

Offline yechielM1

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Re: Scam Alert Sungames
« Reply #238 on: June 12, 2014, 04:36:13 PM »
Which activity has been audited since then? The quarterly reports are unaudited.
Honestly its starting to sound like you have no idea what you are talking about... You're going to lose that hedge fund job if you don't get up to speed on the basics of capital markets asap..

http://biz.yahoo.com/e/140523/sgmz10-q.html

You think this will save my job?!?

Offline elit

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Re: Scam Alert Sungames
« Reply #239 on: June 12, 2014, 04:40:23 PM »
I admit I dint know anything about those statemets but one thing caught my eye...v there are only 5 employees in a billion dollar company?