IIOT-OXYS Inc (ITOX): The financials are pathetic. No reven...

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Re: Cbrnlol post# 7244

Wednesday, 05/18/2022 5:48:16 PM

Wednesday, May 18, 2022 5:48:16 PM

The financials are pathetic.

No revenue for 1Q of 2022

A meager $11,000 in total revenue for all of 2021.

And 3-31-22 balance sheet shows current liabilities are 8 times current assets. The
company doesn’t have enough assets to offset their accounts payable and employees’ back pay.

When you can’t meet your obligations, default and bankruptcy loom.

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