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davecase

04/29/16 3:41 PM

#278388 RE: StockScout1 #278386

During the six months ended January 31, 2016, the Company has an accumulated deficit of $31,140,648, net loss of $2,843,703 and revenue of $516,534. The continuation of the Company as a going concern is dependent upon the Company's continued financial support from its shareholders
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Full Contact Yoga

04/30/16 8:24 AM

#278462 RE: StockScout1 #278386

Read the K, no it isn't. Total balance due today according to the most recent filing. Funny, maybe you should read the K. Interest only payment made, all debt and new interest owed. $500,000 in convertible toxicity at a 50% discount owed 6/4, much more going forward. Multiple notes in default, nominal revenue at best. Bleeding money and printing shares, the only play in the Vanis playbook. Have to pump soon, as it stands, the cash due on 6/4 might only be 40,000,000 or so shares. But, if the trend continues, could be so much more...you know the trend, you've witnessed the massive failure and dilution of each RS.