Suncliff Inc (SCLF)

[big rig 1]

From lates filing. Can’t even collect money owed them, crowdfunding for more. Amateurs at best
I don’t believe that last sentence for a minute



As of June 30, 2023 and December 31, 2022, our trade receivables, net of allowance for doubtful accounts amounted to $873,482 and $759,676, respectively. During the year ended December 31, 2021 the Company recorded an allowance for doubtful accounts of $928,737 and recorded bad debt expense of the same amount on its Statement of Operations. Although the reserve has been established the company has started receiving payments on the reserved accounts and ultimately believes it will fully collect the reserved receivable balances in the future.

BIG RIG