fcpgalltheway, nevermind the last post. I'm off. The loans including accounts payable amount to about $7,300,000 and carries a interest rate between 5% and 12%. Total cash on hand amounted to $6,397,820.
The comprehensive Income was $992,233. With a EPS of .0166.
Factoring in all the total assets amounts to $20,188,061
Factoring in all the total Liabilities amounts to $25,062,843
With 59,664,480 authorized shares, total stockholders deficit amounts to -4,874,782.
There are solutions to these problems though. What are your thoughts?
