Metrospaces Inc (MSPC)

[Bam Bam17]

MSPC FYI
Balance Sheet and Capital Structure:

Our new CFO, Steven Plumb, is continuing to make improvements in the Metrospaces balance sheet. Our new leadership team is excited to share both an increase in the company's core assets, as well as a renewed profitability, now that Metrospaces is in an EBITDA-positive position.

Our 3rd Quarter Financial Reporting showcased some strong growth metrics and optimistic outlook. Highlights from that filing include:

An increase in assets from $213K on 12/31/20 to $4.8M in 3rd Q
Lowered Convertible Debt Derivative Liability from $11M on 12/31/20 to $830K in 3Q
Lowered Cost of Financing Capital by over 65%
Increased Stockholder's Equity from -$14.6M to -$3.4M
Over $700K in Current Assets and Readily Marketable Securities
Year-to-date Net Income of $9.3M

I like what I see the company is doing it hearts for the moment but I think it will pay off in the long term BIG TIME.
MAY GOD BLESS ALL.