Clubhouse Media Group Inc (CMGR)

[ziggy7796]

Has anyone looked at cmgr financials..I have... bleeding red: year end 2020

Total Revenue$1,010,000
Cost of Revenue$580,000
Gross Sales, Earnings Before Interest and
Tax$ -2,356,000
Net Income$ -2,578,000

Applicable to Common Shareholders
$ -2,578,000

 --------------------------------------

The most important number is value per share to common share holders...which is currently
$-2.5 million.

Only way to stay afloat is drastically Increase Revenue and/or ..... selling more shares on the open market...ie....share dilution which lowers price per share accordingly...

Just to be fair.. I will look at 2021 numbers and post....... I believe cmgr still has 400,000,000 of authorizes shares which can be sold on open market.... ziggy








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