Replies to post #12155 on Notis Global Inc. (fka NGBL)

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The increase in Shareholders Equity was due to the issuance of common shares at 80-90% discounts to market price in private placements. A discount so high that only scam companies raise funds at these discounts.

So the company has a $5.9 million Shareholders Equity and a Market Cap (fully diluted) of about $1.1 billion

What is wrong with this picture?

Net loss is 556,655 You are right

see page 25 and I agree....but if you look at page 24 you can see that the assets doubled from 3.5 to 6.9 million... then take away the liabilites and the company is left with 5.9 million which is a dramatic increase from 2012 where they only had 699,000 in shareholder equity.