Wednesday, December 06, 2017 11:29:24 PM
The "D" remains for 20 days, as I have posted to you before...
Uhm, just a reality check here:
The "SEC" is not saying the company has what you call "negative revenue". The company (SOUMD) is saying it (via its auditor)
To be specific, the company has no cash or tangible assets and no revenue, but it does have $8.7 million debt. That's why it was priced at .0001, and that's why even .0001 was way too high for it.
You own somebody else's debt. And that somebody is making no effort to repay it... They even report $4,793 in bank overdraft fees, lolol
Uhm, just a reality check here:
The "SEC" is not saying the company has what you call "negative revenue". The company (SOUMD) is saying it (via its auditor)
To be specific, the company has no cash or tangible assets and no revenue, but it does have $8.7 million debt. That's why it was priced at .0001, and that's why even .0001 was way too high for it.
You own somebody else's debt. And that somebody is making no effort to repay it... They even report $4,793 in bank overdraft fees, lolol
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