Replies to post #92925 on SIPP Industries Inc (SIPC)

[Major Profits]

So? SOOOO? So operating at a LOSS is a GOOD thing?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148206269

Net Loss
2017=(49)
2018=(14,256)

That is a Net Loss INCREASE of 28,993.9%!!

https://backend.otcmarkets.com/otcapi/company/financial-report/215325/content

NOTE 5-GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company had a net loss for the year ended December 31, 2018 of $14,256. As of December 31, 2018 the Company had current and total liabilities of $105,063 compared to the current and total liabilities of $74,563 at December 31, 2017. At December 31, 2018 total assets were $752,835 of which $6,998 were liquid assets compared to the period ended December 31, 2017 where total assets were $862,173 of which $7,307 were liquid assets. At year ended December 31, 2018, the Company has an accumulated loss of $14,256 and has an accumulated deficit of $1,624,102 compared to an accumulated loss of $49 and an accumulated deficit of $1,609,846 for the period ended December 31, 2017. The Company’s continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. These financial statements do not include any adjustments that might result from the outcome of this uncertainty

Oh well, perhaps THIS year SIPC will have LESS of a Net Loss than in 2018?