Saturday, November 28, 2020 1:04:11 PM
Wrong, that doesn't happen with companies like BBRW who have 'CHOOSEN' to use toxic (death spiral) financing to fund their operations. Unpaid salaries, interest expenses, default fees, loan fees, consulting fees, etc. (all have accrued because BBRW has never generated enough profit to pay them along the way). And they all now COMPOUND on a quarterly basis.
They call it 'death spiral' financing because it has 'killed' every company that has tried to use it?
The 'market' looks at the list of BBRW's accrued liabilities and compares it to their reported revenues and net profits. Funders and con-sultants make lots of money while shareholders make shit. There's no logical reason for BBRW to even be a public company IMO.
Ask any experienced accountant or investment manager about BBRW?
Hoping, wishing or praying won't change anything here.
GLTY and JMO
Please help save the earth. It's our only source of chocolate.
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