WO Group Inc. (fka PAPA)

[Maria56]

If you remove "Goodwill" (which is what you tell people you have when you have nothing else) and correctly add the entries, Stockholders' Equity is a negative half million and NOT $2 million as reported in the Q2.

IMO.

Current Assets:
Cash 148,825
Inventory 25,432
Property and Equipment 58,125
Other assets 15,463
Total Assets 247,845

Current Liabilities:
Accounts payable 11,990
Accrued liabilities 17,348
Capital leases payable 16,758
Related party note payable 250,000
Preferred Stock Equity 3,000
Common Stock Equity 10,358
Additional paid-in capital 250,000
Accumulated deficit 214,100
Total Liabilities 773,554
True Stockholders' Equity -525,709
Total Liabilities and Stockholders’ Equity 247,845