Sure...am pasting from the word doc--though the formatting will get lost:
================================================= To FINRA
NETFLIX (NFLX) Investigation!!!
FINRA/SEC---PLEASE….halt the misrepresentations by these criminals.
Since 2009 EPS at NFLX has been the function of an ACCOUNTING GIMMICK. Amortization is the entire scam.....delaying expenses on the income statement---and the reason why CF & NI don’t match...they are spending 2X the money on streaming content costs vs DVD historically, then amortizing (over the contract term) them instead of expensing, because they don’t really have 10M streaming customers............!!! Thus NI growing 2-3X vs. CF in 2009 & 2010. Look at the table below……