News Focus
News Focus
Followers 126
Posts 20779
Boards Moderated 0
Alias Born 08/26/2013

Re: HolesInMyPockitz post# 26127

Thursday, 08/13/2020 7:31:35 PM

Thursday, August 13, 2020 7:31:35 PM

Post# of 48370
Nasty and shows a insolvent company. They have debt up to their eyeballs and little revs.

REVENUES: Total revenues for the six months ended June 30, 2020 and 2019 were $138,155 and $0. respectively. Total revenues for the three months ended June 30, 2020 and 2019 were $123,780 and $0, respectively.



OPERATING EXPENSES: Total operating expenses decreased to $1,659,824 for the six months ended June 30, 2020 from $2,028,493 for the six months ended June 30, 2019 reflecting a decrease of $368,669. The decrease resulted from a reduction in number of shares of common stock issued to consultants offset by an increase in financing fees for conversion of convertible debt. Total operating expenses decreased to $658,716 for the three months ended June 30, 2020 from $961,838 for the three months ended June 30, 2019 reflecting a decrease of $303,122. The decrease is a result of a decrease in the number of shares of common stock issued to consultants and offset by an increase in financing fees for conversion of convertible debt.



NET LOSS: The Company incurred a net loss $6,489,526 for the six months ended June 30, 2020 compared with a net loss of $3,103,781 for the six months ended June 30, 2019 which reflects an increase of $3,385,745. The increase is from an increase in loss on derivative liability on convertible debt of $4,817,926 offset by a decrease in interest expense of $929,239 and decrease in operating expenses of $368,669 (as outlined above). The Company incurred a net loss of $2,960,927 for the three months ended June 30, 2020, compared with a net loss of $1,765,310 for the three months ended June 30, 2019, which reflects an increase of $1,195,617. The increase is from an increase in loss on derivative liability on convertible debt of $2,155,621 offset by a decrease in interest expense of $536,974 and decrease in operating expenses of $303,122 (as outlined above).
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y