Freeze Tag Inc (FRZT)

[FRB]

From the Merger Agreement: https://www.sec.gov/Archives/edgar/data/1485074/000147793217003576/frzt_ex101.htm

We see this....

"5.26 Revenue and Net Income. Munzee’s total revenue for the year ended December 31, 2015 were approximately $1,894,000 and for the year ended December 31, 2016, approximately $2,116,916 (Green Pin Services Inc. contributed an additional $242,843 for a total of $2,359,759). Munzee’s net income for the year ended December 31, 2015 was approximately $126,000 and for the year ended December 31, 2016, was approximately $177,853 (combined with Green Pin Services Inc., Net Income was -$152,718). Revenues and net income for the first six months ending June 30, 2017, were approximately $1,075,297, and $34,664, respectively. Net Income was down due to approximately $80,000 spent in defense of patent infringement claim, IRS audit, and legal consultation for merger. All Green Pin Services Inc. entities have been liquidated and closed as of March 2017. There are $0 in cost and revenue as of June 30, 2017 for Green Pin Services Inc. and moving forward."

MUNZEE LOST MONEY LAST YEAR! Net Income was NEGATIVE $152,718 Green Pin was Munzee's failed market place stores. The school I went to taught a negative number means you lost money! So no, I am not wrong sir. Due your due DD!