Viva Entertainment Group Inc (OTTV)

[Donner]

OTTV selling stock to survive deficit $15,379,416

working capital deficiency of $2,309,397, have not generated revenue, and have an accumulated deficit of $15,379,416.
As of April 30, 2017
from the latest 10Q

Outstanding 3,046,810,436 Par Value 0.00001
a/o Jul 13, 2017

An accumulated deficit reduces stockholders’ equity on the balance sheet, which decreases stockholders’ stake in the company. A company with an accumulated deficit has no profits reinvested in its business and relies on its cash or other financing to remain in business. Banks might not lend to a business with an accumulated deficit. If a company’s cash runs out and it fails to turn a profit, it might end up in bankruptcy

OTTV's accumulated deficit is over $15 million and a working capital deficiency of $2,309,397 which means no money to do day to day business and hasn't even been able to sell enough stock to keep up with the day to day debt. OTTV sells stock to keep in business plain and simple

Printing stock at a value of .00001 and selling it right now at over 20,000% profit as OTTV slides into the trips