Momentous Entertainment Group (fka MMEG)

[justanotherfigment]

POS... IF you make some money here, take it and RUN

https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11994607


Other
As a corporate policy, we will not incur any cash obligations that we cannot satisfy with known resources, of which there are currently none except as described in “Liquidity” below and/or elsewhere in this prospectus. We believe that the perception that many people, including potential customers and business associates, have of a public company make it more likely that they will be more likely to engage a public company for services or accept restricted securities from a public company as consideration for indebtedness to them than they would from a private company. We have not performed any studies of this matter. Our conclusion is based on our own observations. However, there can be no assurances that we will be successful in any of those efforts even if we are a public entity. Additionally, issuance of restricted shares would necessarily dilute the percentage of ownership interest of our stockholders.
Liquidity
The Company’s operations have not yet generated cash. All cash received by the Company has come from loans and investors. Cash used in operations amounted to $383,828 and $273,782 at December 31, 2016 and 2015 respectively, and to date, the Company has used no cash in investing activities.


This is a bad one..

Lots of notes to get through... GFL