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Thursday, June 21, 2018 3:45:50 PM
They ended the fiscal year with a $0 cash balance.
NPHC spent $1,476,016 on Selling General and Administrative expenses. Every $ passed through his hands.
So he did not take a salary? Spent $4,043.88 of company money every day including holidays and weekends in 2017. NPHC did generate $331.45 in revenues per day before costs in 2017; down from $461.25 per day in 2017.
SG&A expenses are key to running a successful penny stock.
Good luck.
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