Business Warrior Corp (BZWR)

[Edward]

There is a good chance they will need cash. I know they had $3.9million as of 11/30/2022, However BZWR just used $1.2 million in cash for the acquisition. Expenses are climbing for BZWR IE:salaries (new hirings),acquisition costs ( such as legal fees), audit fees ETC. They also said they will use the funds from the line of credit to facilitate future acquisitions. They raised $1.76 million in cash last quarter (11/30/2021) from the sale of stock, why because they needed cash.BZWR had a negative cash flow last quarter of ($331k). See cash flow statement from the link below:

LINK:

https://www.otcmarkets.com/stock/BZWR/disclosure

No kidding they want the price higher, who wouldn't. But filing of a S-1 (dilution indicator) will only hurt the price for now, which it did. Only if BZWR makes money will the price rise. This is why the price is selling at near or at a 52 week low.

Don't forget they lost $500k last quarter, and I am willing to bet they also had a loss this quarter (2/28/2022) to be released in the 2nd week of June.

Also just as an added note, there is no information on the acquired company except they expect sales of $1.2 million up 25% from last year. However since they were a private company we do not know if they were profitable, or what the Balance sheet looks like.