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freemoneyfella

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freemoneyfella

Re: None

Thursday, 12/05/2019 12:38:14 PM

Thursday, December 05, 2019 12:38:14 PM

Post# of 43545
Net Losses at MCOA are up huge.

I was examining MCOA’s most recent Quarterly Report and noticed a huge jump in Net Losses.

For the first 9 months of 2018 MCOA had a Net Loss of ($1,350,480)

For the first 9 months of 2019 MCOA had a Net Loss of ($10,878,622)

Now MCOA had total sales of $552,761. So, for every $1 in sales, MCOA is now losing nearly $20.

https://ih.advfn.com/stock-market/USOTC/marijuana-company-of-america-MCOA/stock-news/81180298/quarterly-report-10-q
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