Movement Industries Corp (MVNT)

[GLee17]

I'm excited looking at the financials.

* Current assets $294k. Up $130k - 1.8 times over prior year.
* Take out related parties - Current liabilities (A/P) $134k and level.
* NO LONG TERM DEBT. PPP Loan will be forgiven.
* NET INCOME - $119K, $56K before 1st PPP loan forgiven. (You don't get a PPP loan unless you have verifiable payroll cost)
* Common Shares unchanged from 1 - 2 years ago.
* Preferred B Shares - 300k returned
* Preferred B Friends & Family - 0 shares converted / sold. Holding 2+ years.
* Owners continue to put money into this.
* Smith / Eilers PLLC - Appears a great fit for MVNT.

Check out SmithEilers website
https://www.smitheilers.com

One of the two partners:
William Eilers - Partner
William is a native of West Virginia. After 15 years in Miami, William relocated to Asheville, NC. As principal of his own firm, he spent over 10 years in the securities and compliance space. From SEC compliance to mergers and acquisitions, William has been involved in all aspects of securities law. Building on years of experience, William drives the corporate securities focus of Smith Eilers, striving to help companies navigate the pitfalls of finance and public markets and avoid the tangles of entrepreneurship, with a focus on business development.




* CFO Oncall - I like this firm for MVNT.
www.cfooncall.com

Daisy Aronce is a Certified Public Accountant and a Vice President at CFO Oncall, Inc., a company providing financial reporting, controller services, bookkeeping and accounting services on an outsourced basis, providing SEC financials reporting services to public companies for their annual, quarterly and registration statement filings, and specializing in helping private and public companies prepare for financial audits. Ms. Aronce has more than 15 years experience in SEC financial reporting and accounting services for public companies and proficient in preparing financial statements and footnotes with excellent knowledge of GAAP.

Oncall Services Provided:

OUTSOURCED CFO SERVICES
We provide financial management and CFO services to private and public businesses on a part-time or interim basis. Financial reporting, back office accounting, compliance - we are a turn-key outsourced CFO or Controller solution for growing companies

FINANCIAL AUDIT PREPARATION
We specialize in helping companies prepare for financial audits by presenting the right information in the right format to the right people.

SEC FINANCIAL REPORTING
We work with many public companies to help with annual and quarterly filings, registration statements, SEC compliance and more. From 10k filings to SEC response letters, we can help.

ACCOUNTING & BOOKKEEPING SERVICES
We provide a full range of cost effective accounting and bookkeeping services to help ensure that your business operations run more efficiently.

INTERNATIONAL SERVICES
We provide foreign companies operating within the U.S. capital markets with financial reporting expertise and regulatory consulting.

MANAGEMENT ADVISORY SERVICES & CONSULTING
We can help your company’s management team develop long-term objectives and specific strategies to facilitate your business’ future growth and success.


My Positive Takeaways.