Replies to post #522 on Diego Pellicer Worldwide Inc. (DPWW)

[Rogerthat1]

Not looking good.

Operating Activities. For the year ended December 31, 2017, we used net cash in operating activities of $1,040,533. When compared to the net loss of $14,649,962 for the year ended December 31, 2017, the majority of expenses were noncash.

Investing Activities. For the year ended December 31, 2017, cash of $125,000 was invested in leasehold improvements in Colorado compared to a substantial investment of $860,469 in 2016 for leasehold improvements in both Washington and Colorado.

Financing Activities . Net additional funds of $1,272,901 were provided mostly from new convertible stock.

$158K cash on hand. Do the math

$383K in current assets
$6.8M in current liabilities

This one is going to have a tough time imo.

[beach_trades]

Total revenue for the year ended December 31, 2017 was $1,486,997, as compared to $310,220 for the year ended December 31, 2016, an increase of $1,176,777. There was forbearance of rent during the year, reducing revenues by $360,266.

Gross profit increased in 2017 by $1,068,440 as the result of the properties being open for most of the year.

7 cents first target