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Re: None

Tuesday, 05/04/2021 9:22:52 PM

Tuesday, May 04, 2021 9:22:52 PM

Post# of 65702
Annual Report Impressions

Glad to have one! Hope we see quarterlies soon. The period covered here is badly lacking in income information.

A lot of what is shown isn't surprising in the startup stage, but I hope the quarterlies do start to show a shift. In this period they burned millions in cash and took in a lot of private debt financing.

Still not sure who Wolfgang is or their role in reports, the numbers were prepared by a CPA out of Texas as an independent contractor.

We'd speculated if the financials would be audited or not (they're not). That rules out theories they might be going OTCQB, although I believe they could still be going OTCQX.

What I think most of us want to know which is how revenues are shaping up aren't in these figures. As others have said, if there are nice surprises to come it wasn't here but there also wasn't anything terrible.