5 Million in debt... $270,000 loss. Last time they made any money? Oh wait, they never have - "the Company has experienced net losses for the past six years."
At June 30, 2013 the Company had $6,448, cash on hand, a deficit working capital of $1,065,022 and an accumulated deficit of $5,055,737.
Accordingly, the Company has limited liquidity and access to capital. The Company has insufficient liquidity to fund its operations for the next twelve months or less. In addition, any of the following factors could result in insufficient capital to fund the Company’s operations for a period significantly shorter than twelve months
Think they dilute much?
Q1 2013
6,000,000 shares issued for services rendered @ .0025
Q2 2013
5,000,000 shares issued for services rendered @ .001
Q1 2012
10,000,000 shares issued for services rendered @ .001
Q2 2012
11,000,000 shares issued for services rendered @ .001
28,000,000 shares issued as debt conversion @, 001
Q4 2012
11,500,000 shares issued for services rendered@,001
36,000,000 shares issued as debt conversion @.001
12,000,000 shares sale of common stock @.001
Q1 2011
5,000,000,000 shares of common stock issued for debt conversions
Q2 2011
1,000,000,000 shares of preferred stock issued for services rendered
14,747,604,394 decrease in shares of common stock for 5,500 to 1 reverse stock split
750,000,000 decrease in shares of preferred stock for 4 to 1 reverse stock split
29,410,764 shares of common stock issued for acquisition of StockProfile.com
5,925,000 shares of common stock issued for debt conversions
8,000,000 shares of common stock issued for services rendered
Q3 2011
9,500,000 shares of common stock issued for debt conversions
2,000,000 shares of common stock issued for services rendered
10,000,000 shares of common stock issued for services rendered
Q4 2011
69,000,000 common stock issued for services rendered
Yeah, this'll go right to .50
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