Monday, May 23, 2016 11:12:06 AM
This is from the MOST RECENT filing for this scam
Some Lowlights for this fraudulent scheme
As shown in the accompanying financial statements, the Company has minimal sales and has incurred a
net loss of $2,742,973 since inception
They lost (49,175) on sales of 77k for the quarter
They lost (171,994) on sales of 238k for the 3 quarters
They had a negative operating cash balance of (71,206)
They sold but didn't record 85k to an unknown for stock at an unknown price used to prop up losses
They had a negative inventory balance of (55,534)
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