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Saturday, June 01, 2019 8:07:18 AM
And before you get too excited, read page 10, NOTE 3. GOING CONCERN:
“The management has committed to an aggressive growth plan for the Company. The Company’s future operations are dependent upon external funding and its ability to execute its business plan, realize sales and control expenses. Management believes that sufficient funding will be available from additional borrowings and private placements to meet its business objectives including anticipated cash needs for working capital, for a reasonable period of time. However, there can be no assurance that the Company will be able to obtain sufficient funds to continue the development of its business operation, or if obtained, upon terms favorable to the Company.”
They can’t afford to keep paying their debts wth income coming in, and will likely need to dump more shares into the pot to raise some capital...IF anyone even wants them at that point.
You will see a bounce Monday, due to excitement from uneducated investors....long term is a crash.
I know, I know....98% of you are all “I’m going to be rich”...this is not going to survive.
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