Followers | 40 |
Posts | 1920 |
Boards Moderated | 0 |
Alias Born | 11/08/2011 |
Thursday, March 19, 2015 1:54:17 PM
The shares authorized are in fact stated as 500 million - see link here: http://ih.advfn.com/stock-market/USOTC/OWOO/financials , however, it is true that the O/S shares is last reported at somewhere north of 200 million. I suspect that the next financials will show this number even substantially higher - my guess is it will be closer to 250 million.
Until we receive the next finacial report (10K due in mid-May), we will not know the size of those 4th quarter sales. What we do know from the preceding 3 financial reporting periods is that their product is selling at a net loss after cost of sales. This is BEFORE any of the operating costs, G&A, interest expense, derivative losses, making true on their promises to reduce/elimnate debt by at least half, pending lawsuits, cost to ramp up the Tween Dolls, etc are factored in.
Recent TONR News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 08:44:05 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM