So what’s SHMN’s plan now that they have no equipment, 5 employees, $3,000 cash, $2.3 million negative cash flow and current liabilities of $170,000 due? Last quarter revenue was only $100,000 with a net income of $9,000....
In the quarterly, Baron Night states that he anticipates resorting to financing methods used by SHMN in the past...
So... fraud? Taking out $3.5 million in unsecured cash loans? Dilution?
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