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