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Re: None

Friday, 06/19/2020 11:31:40 AM

Friday, June 19, 2020 11:31:40 AM

Post# of 41221
Straight from the Q. It states at the bottom that "Total Intangible Assets" are $3,733,239.

Here we sit with a Market Cap of roughly $1,200,000. This makes no sense to me. Any thoughts??

Perplexing, but I personally don't think anybody has any clue what the real value is here.


Identifiable Intangible Assets

As of March 31, 2020, the Company’s Identifiable Intangible Assets are as follows:

Intangible Assets

Identifiable Intangible Assets

Trade Name (San Diego Farmers Outlet) $193,000
Trade Name (Seaport Meat) $449,000
Wholesale Customer Relationships (San Diego Farmers Outlet) $266,000
Wholesale Customer Relationships (Seaport Meat) $2,334,239
Total Identifiable Intangible Assets $3,242,239

Goodwill

Assembled Workforce $21,000
Unidentified Intangible Value $470,000
Total Goodwill $491,000

Total Intangible Assets $3,733,239
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y