Mucinno Holding Inc. (MCNO)

[Inorout]

CTLE's Quarterly Report just released. Revenues again were $0. Cash flows $0. Net Losses were $112,670 for the Quarter, up from the net losses of $10,092 in the 1st Quarter. Amazingly CTLE reported total company assets of $0. Which begs the question.....CTLE has a current market valuation of approximately $117,000,000 million dollars at the current price per share of .575/share. How can anyone justify paying a $117 million dollar plus valuation on CTLE when the company still has zero business and total assets worth $0 ???? When valuations get this stretched, things snap.