Nexus Energy Services Inc (IBGR)

[Penny chatter]

Do a company merging with another company buying them with 516$ diluting shares? Does he also know the preffered shares are more than the common shares?

Nexus Energy Services, Inc.
dba Dryworld Brands
Balance Sheet
Unaudited
December 31,
2022
Assets
Current assets:
Cash $ 516
Accounts receivable 2,928
Inventory 202,424
Total current assets 205,868
Reorganization costs -
Total assets $ 205,868
Liabilities and Stockholders’ Equity (Deficit)
Current liabilities:
Accounts payable $ 235,717
Accrued liabilities -
Loans payable related party 103,000
Notes payable, current portion 236,500
Total current liabilities 575,217
Notes payable -
Total liabilities 575,217
Stockholders’ equity:
Common
stock
Common stock, $0.001 par value; 350,000,000 shares authorized; 171,565,229 as of
December 31, 2022 171,565
Preferred Class D, $0.0001 par value; 2,000,000 shares authorized; 10,000 shares
issued and outstanding as of December 31, 2022 1
Preferred Class D, $0.0001 par value; 2,000,000 shares authorized; 1