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Re: iseeu post# 15254

Thursday, 07/13/2017 4:02:33 PM

Thursday, July 13, 2017 4:02:33 PM

Post# of 27486
The issuer has $2,869 in tangible assets; and,

$195,300 in toxic convertible notes; and,

$169,644 in notes payable, aging to become toxic convertibles.

Further, the issuer reports a negative "Additional Paid in Capital", as well as a working capital deficit and a shareholder deficit.

The company reports $31,034 in revenue, however, the balance sheet reports $30,000 in A/R. $4,770 in income.

Curious about the COGS.

But reports negative cash flow.

Have not delved to far into this issuer.