Friday, April 17, 2015 4:01:03 PM
ungagged T/A and audited fins would be nice, but there's still no reason whatsoever to value this company any higher than it already is.
Between sal's shares and angel's preferred shares, that's 61 billion shares waiting in the wings, Angel crafted one helluva golden parachute for when the badgenius fantasy house of cards falls apart, that's way too big of a dark cloud overhead for even the newest of newbies.
Financials are late because they are a disaster and Angel is trying every which way he can to put lipstick on them.
I'm willing to bet Wells Compliance Group said "no, you can't do that!" to angel dozens of times in the past few weeks while preparing the fins.
Any funds received from the angel investor last summer were probably used to bolster 3rd quarter earnings, expect the annual rev number to come in around $75k with almost $100k posted loss.
If the A/S was 4 billion shares - the company is still overvalued at $800,000 as his strain testing has slowed to a trickle and there are no other streams of revenue, tommy chong bong water may not start selling until this time next year in righ's "distribution chain"
beware of the pump it will leave you in the dump
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