InvestorsHub Logo
Followers 6
Posts 741
Boards Moderated 0
Alias Born 04/01/2005

Re: None

Monday, 06/22/2020 10:54:18 AM

Monday, June 22, 2020 10:54:18 AM

Post# of 51000
Everything for Gerpang is included. All sections of the filing clearly include Gerpang.
Here is a sumary of the Balance Sheet and Income Statement:

12-31-19 3-31-20
Assets $999,464 $6,340,602 $5,341,138

Liabilities $3,854,607 $346,769 ($3,507,838)
Equity ($2,855,143) $5,993,833 $8,854,976

The increase in Assets and Equity were the Gerpang transaction. The liability reduction was discussed in the filing.

Revenues $82,357 $3,612,692 $3,530,335

These revenues are from Gerpang from 2-19 to 3-13. If you annualize these revenues, it is approximately $29MM. This is much lower than previously discussed as Ceo mentioned Covid-19 effects. Can we please end this discussion and start talking about the opportunity ahead.