Tuesday, January 24, 2023 10:00:04 AM
Here are the financials that anyone can verify for themselves are true by going right to the source, the company itself: http://kuora.net/h-nd-57.html
Heck, most of those assets are Accounts Receivable - money owed to them. Interesting to compare that to the Accounts Payable line in the Liabilities - money they owe to others. Yup, they owe more than is even owed to them.
Combine all that with the fact that they lose money just by being in operation doesn't exactly make for a magical $125 million valuation - that they set themselves as both the buyer and the seller; this was an internal transaction for the group. It would be like me selling to me my own bicycle and telling everybody it was a transaction worth $95,000.
FEATURED Are we about to see a comeback? Steakholder Foods Charges Forward with New Commitments from Multiple International Players as it Transitions to Revenue Generation • Nov 18, 2024 11:56 AM
FEATURED North Bay Resources Announces Production of Gold Concentrate and Refinery Shipment at Bishop Gold Mill, California • Nov 18, 2024 9:00 AM
One World Products Sets New Standards in Sustainability With Strategic Hemp Innovations • OWPC • Nov 18, 2024 7:54 AM
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM