this is happing with kevin k,,other investment from what i am being told.
be careful TXHD is a scam and the last company that kevin had the person he had pump ( GERS, VSTR ,PVSP ) his doing the same thing there
kevin k finally getting what he did to thousands of investors..
THIS COMPANY IS A FOOL BET THEY DUMP THIS CHIT EVERY DAY
it will never get to .25 they been saying that for over a year . YOU BETTER HURRY UP ITS DROPPED .10 IN THREE MONTHS YEP LOOKING GREAT
YOU MEAN .0025 MORE LIKE IT BUY AWAY.
Textmunication Holdings, Inc. (TXHD)
$ 0.038432 ? -0.001468 (-3.68%)
Volume: 194,244 ANOTHER DAY OF SELLING WHAT A SHAME THEY FOUND OUT ABOUT THIS SCAM
"In a few short months, we have surpassed 500 clients and have invested more than $1 million in this expanding operation throughout the US. Our work is well known – “
yep their work is well known FOR THE LAST 3 YEARS OF CHIT
DO NOT FORGET THE OUTSTANDING DEBT HUGE..but do not worry ceo got his money
CEO ALSO NEVER POSTED THE NAMES WHERE THE MILLIONS PAID IN COMPENSATION
Net Loss
We had a net loss of $923,749 for the three months ended September 30, 2015, as compared with net loss of $216,561 for the three months ended September 30, 2014. We had a net loss of $3,943,213 for the nine months ended September 30, 2015, as compared with net loss of $319,284 for the nine months ended September 30, 2014.
Liquidity and Capital Resources
As of September 30, 2015, we had total current assets of $14,969. Our total current liabilities as of September 30, 2015 were $1,568,830. We had a working capital deficit of $1,553,861 as of September 30, 2015.
Cash Flows from Operating Activities
Operating activities used $258,012 in cash the nine months ended September 30, 2015, compared with $105,575 for the nine months ended September 30, 2014. Our net loss of $3,943,213 and accounts payable and accrued expenses of $37,627 were the main component of our negative operating cash flow, offset mainly by share based compensation of $2,748,000 the loss on derivative liabilities of $830,750 and amortization of debt discount of $143,487.
Based upon our current financial condition, we do not have sufficient cash to operate our business at the current level for the next twelve months. We anticipate needing approximately $1,000,000 in the next 12 months. This includes needed expenditures and as well as our growth plans. We only have $7,167 in cash as of September 30, 2015 and this amount is not sufficient for our needs.
Our optimum level of growth for success will be achieved if we are able to raise $1,000,000 in the next twelve months. However, funds are difficult to raise in today’s economic environment. If we are unable to raise $1,000,000 our ability to implement our business plan and achieve our goals will be significantly diminished.
Going Concern
As of September 30, 2015, we have an accumulated deficit of $4,565,795. Our ability to continue as a going concern is contingent upon the successful completion of additional financing arrangements and our ability to achieve and maintain profitable operations. While we are expanding our best efforts to achieve the above plans, there is no assurance that any such activity will generate funds that will be available for operations. These conditions raise substantial doubt about our ability to continue as a going concern.
