"C.Health" <[email hidden]> wrote in
news:dXFSe.2603$AB4.1171@trnddc03:
Quoted message said:Barrett was cornered in a Federal case in the State of Oregon not long
ago, and asked about his income. He testified that over the past two
years he made a TOTAL of $54,000.How then does he afford to carry on fourteen (14) separate legal
actions at one time?If each legal action cost him $100,000, that would come to 1.4 million
dollars ($1,400,000).How do you squeeze 1.4 million out of a $54,000 total income?
Good question...
You don't know the difference between profit and revenue, do you? You
shouldn't need a math PhD to solve this riddle. His legal costs are
business expenses, and as such the money he earned to pay them is not part
of his net income. His gross income is at least, $1,454,000, making his
profit margin only $54,000 out of $1,454,000 or 3.7%.
That's a thin margin, and this guy's barely ekeing out an existence. If
you sue him, you can probably have him out of business in a heartbeat. But
I'll bet you don't have the guts to try.