![](https://investorshub.advfn.com/uicon/653334.png?cb=1536666244)
Tuesday, June 01, 2021 12:17:40 PM
There is only one direction for this crap load of shares to go if any real traction is going to take place...
Since inception, the Group has devoted substantially all its efforts to research and development. The Group is still in its development stage and the extent of the Group’s future operating losses and the timing of becoming profitable, if ever, are uncertain. As of March 31, 2021, the Group had $141,868 of cash and cash equivalents, net losses of $266,091, accumulated deficit of $1,762,728, and a negative working capital of $389,617.
Revenues for the three months ended March 31, 2021 and 2020 were $32,649 and $3,516, respectively. Revenues were comprised primarily of software license fees.
Net loss for the March 31, 2021 was $266,091 and is primarily attributable to research and development and general and administrative expenses.
I see this dropping lower.
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