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Re: Navyvet004 post# 4996

Monday, 07/14/2014 11:21:30 AM

Monday, July 14, 2014 11:21:30 AM

Post# of 6413

2. What inventory is the company waiting for?



The terminals are ready and the inventory stock almost complete. We have added some last minute aromatherapy and incense offerings to meet the needs of the first location. Funnily, we have now truly become a smoke shop and will be able to find a warm home in every state. Since we assemble the PMX packages locally we must coordinate with other manufacturers. Once the new system is in place we anticipate no delays for future terminals.



Not buying any word of it! Unless there is an amendment coming to the financials, this is simply just more talk from PMXO....

Once again, it just does not add up, the numbers tell a different story...

AS OF MARCH 31, 2014 (UNAUDITED) AND DECEMBER 31, 2013

March 31,
December 31,

2014
2013
Assets


Current assets


Cash and cash equivalents
$ 1,897
$ 2,956
Inventory
25,050
25,050
Prepaid expenses
500
500
Other current assets
500
500
Total current assets
27,947
29,006



Fixed assets


Property and equipment , net
120,241
128,175



Other assets


Security deposits
5,438
5,438
Total assets
$ 153,626
$ 162,619


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