I am not sure. That concerns me less as there is $120k or so in accounts receivable so that could be attributed to revenues that have not been realized yet. But again, this was not at all what I was looking for. I hope it's not what we should expect going forward or we will be stuck here for a very long time.
The only positive is the audit. I can;t imagine Ed paying for an audit for these types of results or expected results.
Well they didn't make a single dollar and they are converting cash into shares at a 99% discount to the current share price. That does not sound like a viable business plan.
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