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Post# of 46425
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QServus

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QServus

Re: imoutasight post# 34702

Friday, 08/14/2020 2:29:52 PM

Friday, August 14, 2020 2:29:52 PM

Post# of 46425
As per latest financials...


About $1.4M assets and $12.3M in current liabilities that’s 9x more in dead weight than productivity.

About $1.3 million in convertible debt divided as follows:


The Company has twenty (20) outstanding convertible notes as of December 31, 2019, with a total outstanding principal of $1,308,092. The 2019 notes mature from January 2020 to May 2020. These notes carry an interest rate ranging between 8% and 12% per annum. The notes carry an original issue discounts ranging between 10% to 25% of the face value of each note.

And... $118K cash on hand



If these conditions subsist, another reverse split is a mathematical certainty

EUCALYPTUS

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