Wednesday, November 01, 2023 12:48:07 PM
"Because our business plan relies on marketing products we license from others, our capital requirements are generally limited to general operations and administration, including the costs of continuing as a public company, and our variable costs scale up or down based on our actual sales. We believe that increasing our marketing expenses will be critical to establishing sales sufficient to cover our expenses and, if possible, generate a profit. We anticipate using our existing financing operations to do so, which will almost certainly require either the issuance of equity or increases in existing levels of debt or, most likely, both.
Management’s plans include the raising of capital through the equity markets to fund future operations, seeking additional acquisitions, and generating revenue through our business. However, even if we do raise sufficient capital to support our operating expenses and generate adequate revenues, there can be no assurances that the revenue will be sufficient to enable us to develop business to a level where we will generate profits and positive cash flows from operations. These matters raise substantial doubt about our ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might result from this uncertainty."
Kindly identify the lie when the Company discloses year after year losses to the tune of $8m over 10 years.
Kindly identify the lie when the Company reports zero owned patents as assets on its balance sheet.
Kindly identify the lie when the Company reported its failed production run of clearly disclosed cases of oxygenated water under the MORO2 licensed patent.
Please be kind and use your moral compass as you identify these lies you speak of.
Recent BDPT News
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