Authentic Holdings Inc (AHRO)

[brutus1]

The cash they need is raised for each deal separately as the deal goes to closing AND causes no dilution to PPBL SHAREHOLDERS. They do not need any cash at the parent level except to keep it afloat while they pare down the balance sheet.

The liabilities will be cut in half before the year is out i was told by management and the balance of it would be Notes held by the Co-Chairman and one group out of Florida.

So henceforth their burn rate is $60,000 per year for legal, accounting, EDGARIZING and maintenance. If this was not the case how did the company survive and keep its listing the last 5 years without any income?

You need to do more homework if you want to punch a hole in this METHODOLOGY that they are using to create shareholder value. You cannot dispute the backgrounds of the players here.