InvestorsHub Logo
Followers 28
Posts 288
Boards Moderated 0
Alias Born 02/05/2015

Re: None

Thursday, 05/28/2015 7:33:00 AM

Thursday, May 28, 2015 7:33:00 AM

Post# of 55256
Converde Energy USA Inc. has $349,691 in current assets and $850,534 in current liabilities, $1,426,216 in property plant and equipment which is not bad for a development stage company. During the year ended December 31, 2014 the Company issued 1,017,437,785 common shares for conversion of debts of $1,017,438. The Company recognized a loss of $238,369 on the conversion of debt. The float of 1,412,609,505 and 1,454,517,785 total outstanding shares and the extremely low trading volume will do that these shares will remain highly volatile and that you will be unable to sell your shares.