InvestorsHub Logo
Followers 40
Posts 1920
Boards Moderated 0
Alias Born 11/08/2011

Re: allenc post# 5267

Thursday, 01/16/2020 9:37:17 AM

Thursday, January 16, 2020 9:37:17 AM

Post# of 20532
You forgot these key highlights:

1. Cancellation of acquiring J3 Holdings
2. Cancellation of deal with Orgaceutical Co.
3. Apparent fib on repayment of short-term debt by $373,940 (latest financials (Note 8) show only $41,217 was paid in all of 2019)
4. Failure of Artillery Labs deal
5. Zero revenues for 2019 despite acquisition of Vivis and complete lack of marketing their product
6. Increasing outstanding shares in 2019 from 32 million to over 547 million+
7. Re-incorporating to Wyoming and eliminating the cap (unlimited) authorization to issue shares
8. Growing the accumulated deficit to $9.3 million+
9. Draining what little cash they started with in 2019 to near zero
10. Claiming acquisition of Vivis included inventory - but financials show zero dollar value of same
11. Failure to pay the previous CEO his salary of $80,200
12. Negative working capital of nearly $1 million for this one man show
13. Successfully spent company money on lavish lifestyle: https://www.instagram.com/sydjim/?hl=en

NTRR = N-TURD