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Re: cngreen post# 63263

Monday, 09/05/2022 8:17:56 PM

Monday, September 05, 2022 8:17:56 PM

Post# of 64373
The accumulated deficit is from the inception of more losses than profits.

From the last 10-Q: "Our Unaudited Condensed Consolidated Financial Statements are presented on a going concern basis, which contemplate the realization of assets and satisfaction of liabilities in the normal course of business. We have experienced recurring, significant losses from operations, and have an accumulated deficit of $77,361,327 at June 30, 2022. In addition, we have a significant amount of indebtedness in default, a working capital deficit of $16,235,055 and a stockholders’ deficit of $16,197,236 at June 30, 2022."

I guess you are ignoring the debt in default.

Deitsch has been a dismal failure as the CEO of NPHC.

IG


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