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Saturday, March 18, 2017 7:22:21 PM
AMERICANN, INC. STATEMENT S O F OPERATIONS (unaudited) Three Months Ended December 31, 2016 2015 Revenues: Consulting fees $ 15,000 $ 15,000 Total revenues 15,000 15,000 Operating expenses: Advertising and marketing 2,247 2,098 Professional fees 150,404 218,329 General and administrative expenses 288,433 175,145 Provision for doubtful accounts 3,325 3,325 Total operating expenses 444,409 398,897 Loss from operations (429,409) (383,897) Other income (expense): Interest income 27,187 48,295 Interest expense (81,575) (31,956) Interest expense - related party (32,968) (21,858) Total other income (expense) (87,356) (5,519) Net loss $ (516,765) $ (389,416) Basic and diluted loss per common share $ (0.03) $ (0.02) Weighted average common shares outstanding 18,286,435 16,631,000
Old Cadillacs never die. The finance company take 'em and faaaaade 'em away.
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