Tuesday, October 10, 2017 11:19:33 AM
Facing Headwinds Analysis "Overrated" Overvalued"
Buyer Beware- Facing Headwinds, Grasshopper Staffing is Extremely Overvalued
October 9, 2017-Steven Lachard
With only $4,730 in current assets and over $600,000 in current liabilities, we believe Grasshopper Staffing to be at a high risk of being unable to continue operations. As stated in the company's 10-Q, Grasshopper has "a history of losses, an accumulated deficit, a negative working capital and have not generated cash from operations to support meaningful ongoing operations. Our Independent Registered Public Accounting Firm has included a “Going Concern Qualification” in their report for the years ended July 31, 2016 and 2015. The foregoing raises substantial doubt about the Company’s ability to continue as a going concern.
https://www.dailymarijuanaobserver.com/single-post/2017/10/09/TCKF-Facing-Headwinds-Grasshopper-Staffing-is-Extremely-Overvalued
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