News Focus
News Focus
Followers 22
Posts 3044
Boards Moderated 0
Alias Born 02/05/2008

Re: Dickmo post# 18171

Tuesday, 04/10/2018 12:47:09 PM

Tuesday, April 10, 2018 12:47:09 PM

Post# of 19272
"we'll talk about the second huge potential problem in a later post. "....
Is this the one??
From 8-K/A,4/9/18:
2. GOING CONCERN(iGourmet LLC)
During the year ended December 31, 2017, the Company(iGourmet LLC) had a net loss of $1,180,373 and cash used in operations of $390,548. At December 31, 2017, the Company had a working capital deficit of $4,069,833 and a members’ deficit of $5,808,730. This raises substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan.

ps-"roll the dice" by Sam again,
or
merge the companies:increase the topline/nol,takeout the SG&A,and does wonder to the bottomline.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IVFH News