218 karma · joined April 7, 2013
Do you 'really' love your job? Would you do it for free?
https://deep-throat-ipo.blogspot.com/2018/08/the-calland-ope...
"If, by some strange, impossible happenstance, I'm completely, totally wrong.... and Alibaba isn't actually the tip of the spear for the CCP's full frontal assault on the Western Financial System, the only other conclusion I can possibly come to is that Alibaba the goofiest, most convoluted, opaque, mis-managed accounting mess and business structure in history. That, unfortunately, is the "best case" scenario."
"Yet, Alibaba (BABA) continues to trade higher as increasing numbers of shares find their way into US Financial/Custodial Institutions. Because its value, like the RMB, at least for a time, is pegged/driven by the CCP through off-shore mechanisms, the risk of collapse grows larger by the day. At some point it all has to come tumbling down. But when? That's the immediate, multi-trillion-dollar question."
https://deep-throat-ipo.blogspot.com/2018/08/the-baba-20-ffi...
This is hilariously ironic considering Alibaba is almost 100% smoke and mirrors.
"I have no idea how PWC can audit this mess for the fees they charge. Every year, the hours of work required expand geometrically and the fees come in at about what you'd charge to audit a large US/Domestic publicly traded Car Dealership. Keep this in mind, Alibaba now has 920 Operating Units (Did I mention that?) scattered all over the globe, a massive Capital Structure "Enhancement", with many of these WFOE's and VIE's located in the PRC and all of these entities are audited from the PWC Hong Kong office. If I were trying to audit this we'd have substantial travel, staff time and training on both IFRS and GAAP accounting treatment and methods. All to be researched and applied to myriad business combinations, sales, mergers and divestitures. Incredibly, PWC Hong Kong does the whole thing, including tax services and consulting for US$12.8 million dollars ($13,900 per business unit @ US$12.8 million/920), up from US$ 8.4 Million the prior year. PWC is the the new "Dollar Store" of public accounting."
https://deep-throat-ipo.blogspot.com/2018/08/the-baba-20-ffi...
Although you are not in the Advisor Track, you have, in fact, been accepted to audit Startup School and will have access to all of the content just as soon as it is made available.
Again, we regret having made this error and raised your expectations unnecessarily. We hope you continue working on your startup and that Startup School is a huge help."
Just smoke it two or three times. Then prepare for journeys to other worlds.
Just pepper your angus bruh. The effects of this stuff lasts 4 to 6 months after only smoking it a few times.
Have you never used any other Microsoft software?
I mean it is the same software company that made Windows ME, Vista, 7, and 10, along with countless other chocolate covered turds.
Doesn't mean you can survive in it.
A dental x-ray is probably lower energy than the belts too but if you sit in front of one for 6 hours you will likely regret it.
Titled “Countering Criticism of the Warren Commission Report,” the dispatch played a definitive role in making the “conspiracy theory” term a weapon to be wielded against almost any individual or group calling the government’s increasingly clandestine programs and activities into question.
I assume that is a big part of it.