AB International Group Corp (ABQQ): Gross loss for the year decreasing 79% t...

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doesitreallymatter

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doesitreallymatter

Re: Jaxxm post# 6836

Thursday, 03/09/2023 4:57:37 PM

Thursday, March 09, 2023 4:57:37 PM

Gross loss for the year decreasing 79% to $293,789 as compared to $1,379,237 in Fiscal 2021

Well, that is a whole different story. lol. So, if they aren't able to generate cash from operations, how are they paying for everything? Dilution. At $0.0005 per share, that comes out to 587MM shares of common stock that had to be sold to support operations. That's not even including SG&A.

Sounds like they really know what they are doing.

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