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Liquidity and Capital Resources
Our primary source of liquidity has been expenses paid by Arthur D. Viola, our sole officer and director and controlling stockholder. As of August 31, 2016, we had $2 in cash and cash equivalents and a working capital deficit.
Financing Activities
We will have to raise capital by means of borrowings or through a private placement or a subsequent registered offering. At present, we do not have any commitments with respect to future financings. If we are unable to raise adequate capital, in the near term, to finance all phases of a client corporate consulting assignment, our proposed business will experience slow growth because it will be very hard to compete for business without a sound capital base to support advisory and implementation efforts on our suggested corporate growth strategies.
At present, we do have sufficient capital on hand to fund very limited operations for the immediate future. Our logistics income continues to provide enough working capital to fund our operations. We are continually seeking to raise funds for our projects through both debt and equity measures.
Results of Operations – For the Three Months ended August 31, 2016
Revenues
The Company did not have sales for the quarters ending August 31, 2016 or August 31, 2015.
Pretty classic.
No reason to get 3s when 1s are right around the corner. Then you can wait for news if that's the strategy.
Who got rich?
Are we trying to pump this pig yet?
Would make sense that would be the only way they could generate anything at this point. A one man legal team would be pretty difficult to successfully win a patent infringement lawsuit IMO. Anything gained from that would most likely not filter its way to shareholders anyway.
Don't worry Tesla is going to scoop up West. hahahaha
It will only be propped up that long b/c of the millions of shares that are now underwater.
Well this chart is the least shocking thing I've seen today.
Yes wait for them to post news. It's only been 2+ years since their last announcement lol.
It should be back to Mondays levels by Friday. New mods are here to keep it going.
Yup- in the dumping phase after everyone thought they were going to be rich last night.
I would personally like to Welcome all the new stuckholders.
And here comes the dump....
Southridge about to double their investment on the backs of these noobs.
This is just Southridge moving this up to unload all their shares. If you got in low don't be greedy this surely will come crashing down like every other P&D.
The usual bloodbath of promises of "soon" and "patience"
And you wont be able to sell .0001s. Womp womp.
Still have a while before that. Going to be a lot of 1's and 2's to churn thru before it's no bid. Then can probably pump to sell shares before totally maxed. Then R/S IMO. This puppy still has 2-3 years before R/S unless they need cash really badly which they shouldn't since really it's only the salaries that is the actually being spent.
Explain "low"
They bump it up so it triggers on the charts trying to drive more investors here.
Yeah it's running alright- just in the opposite direction that favors investors. Remo and Zimbler are playing the blame game in court. Seems that being personally liable in a scam is not good.
For everyone waiting to go to the moon here is the contacts for Zimbler:
631-806-1420- Cell
zimvestment@aol.com
Good Luck judgement is looming. I didn't realize how old these guys were- this scam was their retirement plan.
1s are here. Graceful fall
0.000001 - That's a lot of 0's
The 1s will never be gone
Might be one last ditch effort to pump it. Would be smart to just unload @ 1 if you got in low enough. If not just eat the tax write off.
Last push before judgement hits tomorrow. Then back to silence.
I was thinking once the judgement is finalized on 5/17 this is going to explode...... onto itself. I'll post Remos address so everyone can pay him a visit.
What did you think? Remo aint paying for his own lawyer. He's banking on these guys who keep on laughing around here.
All this volume and pumping is most certainly related to the upcoming judgement. They need some cash to pay for council hail mary defense of "I was never notified of the default". The judgement will stand and add more to the balance owed. We will see in a week. 5/17 is the date.
https://www.browardclerk.org/Web2/WebForms/Document.aspx?CaseID=ODE5MDkyOA%3d%3d-o2DdP7OBrU0%3d&CaseNumber=CACE15012391&FragmentID=MjU2Mzg3MTU%3d-znOhyqZgp%2fg%3d&DtFile=07/10/2015&DocName=Opposition&PgCnt=203&UserName=&UserType=Anonymous
The website was on the old IENG name. Not sure what that has to do with PTTN.
Lot of shares sold. Welcome to the tar pit boys.
I guess the new timeline should be in 2021?
The one where they sell below spec. oil and get sued.
Smoke, sorry you got sucked into this thing. It's gonna be a long journey.
Atleast he is still filing reports....
This is awful misinformation to try to drum up interest. This thing is done as you can see from the $10s of dollars being traded.
Yeah the new headquarters will most likely be a PO box.
Chart looks great. Almost a McDonald's value meal traded today. I'm thinking this is going to run hard.
It's Mad averaging down.