During the fiscal year ended December 31, 2016, we received an aggregate of $320,625 from the issuance of convertible promissory notes.
Our operating expenses were $213,097 for the year ended December 31, 2016.
In order to execute on our business strategy, we will require at least $280,000 in additional working capital over the next 12 months, commensurate with the operational needs of our planned sales and marketing, public relations, development and distribution efforts.
Estimated expenses for 2017
Moto-Meter $147,000
Wheelies $3,000
Yes and HailYes $35,000
Total $185,000
The company has ceased operations and they have no employees but still require $280,000.
Accumulated deficit to date $7.5 million
Total revenue to date around $2K?
This is not a real company. There is no road to success with numbers like this. These guys are simply cashing in shares.
