InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,427.13
(
-2.31%
)
US TECH 100
18,603.60
(
-3.23%
)
Dow Jones
39,853.87
(
-1.25%
)
Brent Oil
80.74
(
-0.05%
)
Bitcoin
65,363.97
(
-0.85%
)
Post# of 39543
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Jeep_Guy

Send PM Follow Ignore
Followers 10
Posts 2095
Boards Moderated 0
Alias Born 05/14/2013

Jeep_Guy

Re: None

Tuesday, 04/18/2017 2:42:33 PM

Tuesday, April 18, 2017 2:42:33 PM

Post# of 39543
'What's left to convert' would imply that amount is decreasing with each filing when in fact it has been increasing. Your comment is misleading.

Accrued expenses - $540,319
Convertible notes payable - $279,612
Derivative note liabilities - $1,205,323
Short term debt - $18,370
Long term convertible notes payable - $13,450
Long term derivative liabilities - $402,883

Total liabilities - $2,459,957

They would need to sell 25,000 meters just to break even. They reported selling about a dozen in the 4th Q of 2015. No sales in the first 2 Q's of 2016.

Their filings don't show they are past any 'stage' of profitability.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up