Friday, August 01, 2014 11:22:46 AM
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=123915
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=123917
Really bad
$128 revenues
$355,654 Net Loss
$99,074 Cash
$7,191 Inventory
only fixed assets are:
$922 Computer
$13,000 vehicle
discrepancies in new Series A Convertible Preferred stock that is going to be issued to insiders - its says one for one converted to common stock then it says converted at .001 par to common stock
Issued $50,000 and $25,000 in convertible notes on June 11 and July 28, 2014, but failed to state conversion price
headquarters is $50 per month office (looks like virtual office but doesn't say)
and other office, $2,000 per month at Whistler skiing location
accountant is based in London, UK
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