Strake Inc (SRKE)

[Dan Simmons]

Bleeding Cash

FY2020 Loss of $3,719,054
FY2021 Loss of $2,769,965


They do manage to generate about $100,000 in gross profit per quarter.

They make 27% gross profit and carry an inventory of $400,000
There is no way this is a serious business. Even if they did manage to sell something they don't have anything to deliver. They just have pictures and dreams for sale.

Well, they also have discounted shares to sell if you want to work a private financing deal so the guys can keep some cash in thier pockets. They definietely aren't putting it into the company.