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Thursday, 04/16/2015 7:46:12 AM

Thursday, April 16, 2015 7:46:12 AM

Post# of 84886
Algae International Group, Inc. primarily engages in the hemp production business in Vermont to supply seed to the hemp farming market, hemp based consumer products market, and hemp based construction material market but has no revenue. The company has $66,500 in current assets, $780,685 in total assets and $6,040,631 in current liabilities, $6,115,100 in total liabilities for a current ratio of 0,01 that makes it insolvent. The total shares issued for the period ended December 31, 2014 is 11,520,000. This company has been involved in several different business ventures and never succeeded in any of them. Beware of the low trading volume average and the high selling pressure.