Unilava Corporation (fka UNLA)

[beachsideeddy2]

CHWM is a joke

Intangible assets: $305K
Property and Equipment: $502.00

Hmmmmm, where is that investment, you know the $4M. Are they talking about USD? They never come out and say $4M = 4 million. They must have meant 4 thousand, one M is 1000, 4 is 4000! They'll never spell it out because they haven't got it.

I do find total current liabilities to be: $4,898,879.

I guess that $4.9M USD represents all those Corporate Promissory Notes they have put out there paying themselves, to support that Balance Sheet Entry of: Property and Equipment of $502K -- oh, and let's not forget the INTANGIBLE ASSETS!!! another $305K.

Whew, I am so confused here.

Maybe someone could explain all of this to me. I am just a poor redneck and I really need some smart person to explain how this works? I am thinking the $4M is NOT USD, but some other denomination? I mean, they did not actually way it was in USD, and most international companies are so careful about that one!!!