Tocca Life Holdings Inc (TLIF)

[samson8]

$900k on General and Administrative expenses is absurd. That and the company is in debt to the 2 ringleaders, Carnes and Lenny Greene, forever to the tune of $4m plus interest since they wrote promissary notes to themselves. They will be out of cash soon (if not already) and are really trying to pump it now to sell the current offering. Look for this to ramp up:

F-13
NOTE 11 – SUBSEQUENT EVENTS
Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on ourevaluation the following material events have occurred that require further disclosure:
• Following the close of the fiscal year ended August 31, 2023, the Company sold a total of 12,000,000 shares of its common stock for a total of $40,000 on subscription agreements associated with the Company’s Reg A offering.