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Re: shoondale post# 12459

Monday, 05/23/2022 1:31:00 PM

Monday, May 23, 2022 1:31:00 PM

Post# of 13741
QNTA_a_CON: 10_Q_BK_BUSTED_BROKE_NO_CASH_LEFT_BARLEY_SALES_DISASTER !!

That's great to see! Hoping the Mikaelian baby brings all of us shareholders good luck as he/she tours Asia!



https://www.sec.gov/ix?doc=/Archives/edgar/data/0001691430/000149315222014728/form10-q.htm

Well - looks like the Mooochellian baby ain't gettin the job done. Give the kid a few more years and he can be the VICE PRESIDENT NUMBER TWO of this scam, like at age 15 LMFAO !!

CASH LEFT ON-HAND is about $7K BUCKS WTF !!!

JUST ACCOUNTS PAYABLE ALONE aka BILLS DUE NOW in 30 to 60 days = $715K
They are BUSTED BROKE boys n girls LMAO !!


Sales FURTHER DECLINED - just fell off the damn cliff WTF AGAIN !!

They "banked" after cost of sales a LOUSY $41K in three months...aka about $13K LOUSY BUCKS A MONTH -
I know E-bay sellers doing more from a damn garage LMAO !!!


They are STILL under FORMAL SEC INVESTIGATION and BUSTED BK BROKE - they LOST ALMOST A $MILLION in this BUST OF A FAILED QTR !!

Yeah - a "company" of a few dudes and some ass clown BIG LEBOWSKI "CON-sultant" is going to sell product into Walgreens LMFAO WTF AGAIN ????

$7K bucks left - doesn't get a stick of gum onto a shelf in a Walgreens these ass clown OTC serial grifter CONS and their bullshit they peddled on that worthless "CEO CALL" LMAO !!!

ALL a big smoke n mirrors OTC CON MACHINE KIDS - they got nothing and NO CASH LEFT = BK and DILUTION IS THEIR ONLY SOLUTION !!

RED FLAG WARNING - PAGE 8:

"
Going Concern




The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, for the quarter ended March 31, 2022, the Company incurred a net loss of $949,154 and used cash in operating activities of $249,499, and at March 31, 2022, the Company had a stockholders’ deficit of $4,560,537.

These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.



At March 31, 2022, the Company had cash on hand in the amount of $7,786. Management estimates that the current funds on hand will be sufficient to continue operations through the next six months.

The Company’s ability to continue as a going concern is dependent upon improving its profitability and the continuing financial support from its shareholders. Management believes the existing shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company.

Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity financing

"


TRAIN WRECK with a BAD CAR CRASH WRAPPED AROUND IT - textbook OTC SCAM share printing and dilution mill and a "few insiders" posing as a supposed "company" while under FORMAL SEC INVESTIGATION and being sued for DEFAULTED DEBTS OWED!!

PAGE 25:

"Item 1. Legal Proceedings.



From time to time, we are a party to, or otherwise involved in, legal proceedings arising in the normal and ordinary course of business.



On April 30, 2021, the Company was served with an Entry of Default pursuant to two Product Loan Agreements executed between the Company and individuals Jason Brooks and Bruce Hofert, respectively, on July 9, 2020.



On June 30, 2021, the Company has been summoned by the Iowa District Court for Sioux County, pursuant to a Product Loan Agreement executed between the Company and B&L Investments, LLC, on July 7, 2020.



On August 5, 2021, the Company received notice the Securities and Exchange Commission had commenced an investigation related to the Company and affiliated persons and entities. The Company is cooperating with the Commission.
"


I'm reading the DISASTER BUSTED BK FILING cover-to-cover and will have further updates as to JUST HOW F-ING BAD THIS REALLY IS - but it's DIRE FOLKS and now one wonders why they FILED THIS POS LATE AS USUAL !!


Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.

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