Friday, July 17, 2015 10:31:26 AM
http://www.otcmarkets.com/financialReportViewer?symbol=THCZ&id=141543
90% of their assets are junk. They have $1,500,000 in "Convertible Notes Payable." Their "expenses" are insane - $125,000 on "Administrative" expense IN ADDITION to the Consulting AND Marketing AND Rhino AND Travel expenses. Cash DECREASED by $427,299 in ONE QUARTER.
Here's a question... they claim $729,000 in sales but show $406,000 in receivables? Who's responsible for THAT decision?
And seriously? They claim they have half a million tied up in INVENTORY?????? Is that valued at cost or "market price?"
Jordan Belfort in "Wolf of Wall Street": "Rich people don't buy penny stocks. They're too smart."
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