ExeLED Holdings Inc. (fka ELED)

[Shakedown]

Started reading the 10k but got real sick halfway thru. I knew it was going to be bad, but damn.
excerpt:
Working capital is the amount by which current assets exceed current liabilities. At December 31, 2016, we had current assets, primarily cash, prepaid expenses and inventory, of $210,970, and current liabilities of $13,298,347, resulting in negative working capital of $13,087,377. The increase in negative working capital is due to the increase in debt of approximately $2,100,000 and a resulting increase in accrued liabilities of approximately $780,000 associated with an increase in interest expense.

And they have been working real hard 220k profits wa hoo.
RUN FAST

Shakedown

p.s. Hope some of you read my post on your FB this Easter Sunday before your admins took it down. Would have saved you some ass burn. I told you read the last 10q esp the large debt ELED has and make your own decisions. Good Luck