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Tuesday, May 27, 2014 8:26:00 AM
Management’s plans to address the Company’s continuing existence include obtaining debt or equity funding from private or institutional sources or obtaining loans from financial institutions and individuals, where possible.
Results of Operations
Sales
Sales of our dolls began in October 2013, and we had total sales of $2,293 for the three months ended March 31, 2014 and $0 for the three months ended March 31, 2013.
Cost of Sales
Our cost of sales includes the cost to manufacture our dolls, inbound shipping costs to the United States and handling, fulfillment and outbound shipping costs incurred by our warehouse and fulfillment center. Cost of sales for the three months ended March 31, 2014 was $3,010, resulting in a gross loss for the period of $717. We had no cost of sales in the three months ended March 31, 2013.
That's right...a loss of $717 for selling dolls. Remember the BIG PR about the HEB Sales.....All for a LOSS!
As it states above...they can only survive buy obtaining LOANS. More Debt...More Toxic Financing...More Dilution...
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