![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, September 14, 2016 3:27:40 PM
"At June 30, 2016, the Company has an accumulated deficit of $5,329,231 and has a working capital deficit of $1,234,618."
"For the period from January 1, 2016 through June 30, 2016 and January 1, 2015 through June 30, 2015, the Company’s revenue totaled $1,359 and $0, for which its respective cost of revenues totaled $1,003 and $0.
For the period from January 1, 2016 through June 30, 2016 and January 1, 2015 through June 30, 2015, the Company had operating expenses totaling $354,895 and $755,922, respectively. These costs were primarily from wages and consulting fees."
All that without making or selling viable non paper product, makes you think what they are actually doing.
People trading this with a knife overhead ready to fall.
No sales, no distribution, 1 employees, no cash to produce real product, printing paper like it's going out of style. Standard stinky pinky OTC ticket at this point, trade accordingly.
1 PO for "approximately 35000 units" with no terms of sale can't be used to create a metric. It could take a year to sell or it may not even be able to be fulfilled if we don't have the 50% down payment to pay the manufacturer.
Too much information the company is NOT disclosing.
"In July 2016, the Company issued 2,887,097 free trading common shares for the conversion of $8,950 in debt.
In August 2016, the Company issued a total of 3,225,806 free trading common shares for the conversion of $10,000 in debt." TO WHO?
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