InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,002.75
(
0.34%
)
Post# of 2068
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

PRmaniac

Send PM Follow Ignore
Followers 71
Posts 17392
Boards Moderated 0
Alias Born 08/29/2008

PRmaniac

Re: Jamie7613 post# 536

Monday, 02/26/2018 9:52:12 AM

Monday, February 26, 2018 9:52:12 AM

Post# of 2068
Well, SFIV had a tiny amount of revenue and $0 cash in their coffers, per their latest 10Q. They also have $0 accounts receivable, and owe a lot to related parties.

They also need a lot more money from financing to stay afloat.

Based on our working capital as of September 30, 2017, we will need additional equity and/or debt financing to continue our operations during the next 12
months. We have limited funds to continue our operating activities. Future operating activities are expected to be funded by loans from officers, directors and
major shareholders.


Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up