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m0n

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Alias Born 05/18/2009

m0n

Re: None

Friday, 10/05/2018 9:27:05 AM

Friday, October 05, 2018 9:27:05 AM

Post# of 16597
$CZNI shareholder equity $6.6milly

YuuuGE Increase!!!


https://hartsburgnews.com/strong-increase-in-shareholder-value-for-cruzani/119013/

CRUZANI’s Balance Sheet Stockholders’ Equity has risen from $78,066 at the end of the fiscal year December 31, 2017 to $6,645,672 by June 30, 2018.

This substantial accretion was possible because the acquisition of the assets was accomplished through the issuance of a minority position in the new subsidiary to the asset vendors and $200,000 cash. The resulting net asset strength of CRUZANI’s balance sheet provides a much improved basis for future financing valuation, thus protecting UHLN shareholder interests.

As a further positive consequence of the asset acquisition, sales revenue will be reported for the first time by CRUZANI in Q3. The company anticipates over $1 Million dollars in sales on an annualized basis for the first 12 months of its Oventa Foods subsidiary operation, but has already announced its new Phase 1 Business Plan by which the company targets $25 Million in revenue upon implementation of the plan.

Phase 2 of the Business Plan expands Phase 1 objectives from the $25 Million threshold to double that figure because CRUZANI operates within a $100 Billion sector of the multi-trillion U.S. dollar food industry.

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