Post
Topic
Board Announcements (Altcoins)
Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea
by
cryptodevil
on 16/07/2014, 18:47:42 UTC
The PDF specifically says this is for "DEALERS WITH TOTAL SALES LESS THAN RS. 3.00 CRORE". Okay, so how much is 3.00 CRORE? Apparently, 1 CRORE = 10,000,000, and we're dealing with Indian rupees. So, less than 3 CRORE means less than 30 million rupees. It's roughly 60 rupees to the dollar right now, so all we can say for sure is that according to this PDF (what year is this for?), Green Earth Systems had less than $500,000 of sales.

To be fair, that is declared taxable sales and we don't know what period that is for. India, like Pakistan, has a *real* problem with tax not being declared fully so that *might* not reflect the true state of any of the companies on that list.