Amascam has massive unreported expenses related to paid foreign income and foreign corporation taxes.
Scamazon has not reported these expense items since GAAP was changed to allow for non-repatriation.
Scamascam has been very careful to not recognize these expenses, as allowed under post-tarp GAAP.
If it had,, the small profit as reported over the last year would actually be a notable and consistent loss on the P&L.
And you wonder why the scammer floated that bond deal? Come on...