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re: Mestizo files for business reorganization
Posted on 3/22/15 at 10:51 am to Paul Allen
Posted on 3/22/15 at 10:51 am to Paul Allen
Exactly. Big difference than what I think the phrase "made millions" connotes.
1
Posted on 3/22/15 at 11:04 am to Y.A. Tittle
From the article:
Bankruptcy court records show the restaurant generated $1.1 million in revenue in 2013 and $1.3 million in 2014. During the first five weeks of 2015, the restaurant had $122,960 in revenue.
And yes, I know the difference between revenue and profit. I own a company which is why I said revenue in my post. That being said, I am shocked that he is showing those numbers if he intended to duck on taxes.
Bankruptcy court records show the restaurant generated $1.1 million in revenue in 2013 and $1.3 million in 2014. During the first five weeks of 2015, the restaurant had $122,960 in revenue.
And yes, I know the difference between revenue and profit. I own a company which is why I said revenue in my post. That being said, I am shocked that he is showing those numbers if he intended to duck on taxes.
This post was edited on 3/22/15 at 11:05 am
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