Eastside Distilling Inc (EAST)

[Watcher31]

Sales $829,669
Total operating expenses $1,148,062
Loss from operations (858,494 )
Net loss attributable to common shareholders $ (906,855)

Basic and diluted weighted average common shares outstanding 2017- 7,842,971 2016- 2,275,625
5567346 new shares issued

cumulative net operating loss carryforward (NOL) of approximately $3.8 million

read page 18 and 19 in their filing, issuance or shares and options...
tells the real story of whats to come...

the company "could" make it... has been able to get financing by the reverse split of previous investors, so they could do the same thing again if needed and reverse it again...\

time will tell.

I'm nutral in opinion as to if they can make the deal work.

on a dip it might be worth buying and throwing into the sh*tpile to see if it pays off long term.