1. The SEC, especially after the financial crisis, is not going to tolerate fanciful accounting shenanigans.
2. Even though it is an "investor-beware" system to some extent, typically the SEC doesn't support blatant misrepresentation of the company, which is what these metrics do, even if elsewhere they are reporting more accurate numbers.
3. A company trying to act this shady on their government filings does not instill confidence that they are any less shady elsewhere in their business.
2. Even though it is an "investor-beware" system to some extent, typically the SEC doesn't support blatant misrepresentation of the company, which is what these metrics do, even if elsewhere they are reporting more accurate numbers.
3. A company trying to act this shady on their government filings does not instill confidence that they are any less shady elsewhere in their business.