HANGING ON BY A THREAD
GOING CONCERN
As reflected in the accompanying financial statements, we have an accumulated deficit of $15,605,190 at September 30, 2017, had a net loss of $5,140,898, and used net cash of $609,624 in operating activities for the nine months September 30, 2017. These factors raise substantial doubt about our ability to continue as a going concern .
WHITE PAPER REVENUE GUIDANCE - FAILED
Projected Metrics for December 31, 2017:
Total Users: 20000 FAILED
Total Dispensaries (brands not storefronts): 40 FAILED
Total Messages Sent: 100000 FAILED
• Break even revenues to monthly costs FAILED
TEW REPORTED ONLY 5000 MESSAGES SENT JANUARY 2018.
1/20 OR ONLY 5% OF BURKES 100,000 MSG PROJECTION
CITIZEN TOKE FAILED MISERABLY IN COLORADO.