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If all of those assumptions could be validated,

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PhenixBleu Member Profile
 
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PhenixBleu   Friday, 11/10/17 01:23:27 PM
Re: Vandalayind post# 6619
Post # of 6690 
If all of those assumptions could be validated, we wouldn't be in this channel. Audited fins for 2015 will post early December, and 2016 by late January.

With a patent pending, FDA approved, game-changing technology, I can't see "no assets" in their future.

Quote:
They have no money to get current or enact said plans.

Wasn't that the point of the private placement?

Not current, no revenues or sales, and no cash. This isn't much of a company...yet.

As far as a buyout, they have 20 Mil in liabilities and no assets. Is that a company you would buy?





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