Leslie Clark Stipek


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Money

The following income and expense information is a compilation of bankruptcy documents and testimony.   All amounts are in thousands.
 
2000 2001 2002 2003 2004 2005 2006

Gross 790 1106 1551 1289 272 298 226
Taxes 122 210 364 191 0
Pension 185 198 209 232 0
Expenses 266 400 491 533 699 1,274 1,200
Profit 216 298 487 333 <128> <981>
 
2004
75K of business expense was from "payments" to investors
 
2005
159K of business expense was from "payments" to investors
337K of business expense went to Kevin and Kerri Stipek
223K of business expense was legal expenses
425K of business expense went into oil companies
 
2006
73K of business expense was from "payments" to investors
132K of business expense was legal
 
In bankruptcy court, Les stated that he does not have copies of his tax returns and is waiting for the IRS to send him copies.
 
Les and Amelia's credit card debt currently exceeds $465K.