King Resources Inc (KRFG): that's not "$450,000 in net profit."...

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King Resources Inc (KRFG)

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Re: val13 post# 43060

Monday, 03/07/2022 6:52:46 PM

Monday, March 07, 2022 6:52:46 PM

that's not "$450,000 in net profit." It's "$450,000 in net INCOME."

It was Forgiven Debt. Notice the Statement of Cash Flows page: the Cash at end of period" equals zero. They balanced that $450,000 net income item with a -450,000 Conv. Notes Payable item.

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Recent KRFG News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 03:37:30 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 12:58:23 PM
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Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 03:13:58 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 12:23:44 PM
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Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 03:48:58 PM
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