Thursday, May 25, 2017 2:16:20 PM
They did have debt and yes they did dilute to pay for the EV network. $670k
And to pay the legal team. $700k
But that has been cleared over a year ago and the notes are converted.
They currently have no toxic debt
Of course they have liabilities and other debt but they have always been profitable.
Buying the EV network was an investment and paying the legal team was unexpected.
And it is nice to have $50k in the bank just chilling.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM