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Old 01-20-2011, 04:51 PM   #15
Greg Hill
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Join Date: May 2006
Location: Louisville , KY
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Default Re: The IRS and NHRA, you gotta see this.

This complaint should trigger a detailed audit. I think the bunch in charge might have a tough time surviving a thorough IRS audit. I don't think there is any way that Compton,et.al will be allowed to steal the company. They are only employees not owners. They don't have any money invested in NHRA and don't own any stock in the company. I do know also there has been a complaint filed with the CA attorney General and they may be waiting to see what happens with the IRS. It's going to be really interesting to see where all the expense money goes [$120 million in 2008].
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