Wearable Health Solutions Inc (WHSI): From WHSI/MDHI latest filing: "Genera...

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Wearable Health Solutions Inc (WHSI)

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Monday, 11/14/2016 10:40:39 AM

Monday, November 14, 2016 10:40:39 AM

From WHSI/MDHI latest filing:

"General and administrative expenses for quarters ended September 30, 2016 and 2015 were $3,838,749 and $316,070, respectively; representing a 1,114% of $3,522,679 increase in general and administrative expense mainly due to the increase of salary, stock compensation and consulting fees of $3,550,000."

Let me translate this for you:
"Management took $3,550,000 for themselves and their buddies"

The company is hanging on by a string, and these guys are paying out $3.5million. This company is nothing more than a share selling scam.

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Recent WHSI News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 09:52:36 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 04:04:43 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:44:05 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 09:01:11 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 08:02:04 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/20/2023 08:28:54 PM
Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:11:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/28/2023 08:10:15 PM

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