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MikeCr

06/10/19 7:54 PM

#145810 RE: wehavecontact #145808

Accumulated deficit is not debt.

Companies report negative retained earnings as accumulated deficit in the balance sheet


As of December 31, 2014, we had an accumulated deficit of approximately $28,013,077.

janice shell

06/10/19 8:43 PM

#145814 RE: wehavecontact #145808

Can an 8k change company name—perhaps that next up?

LOL!! They could announce that they PLANNED to change it. But they'd need to file a proxy statement. And then they'd need to file an amendment to their corporate charter in their home state. And then they'd need to run the name change by FINRA.

Given the apparent impossibility of their filing nearly four years worth of delinquent filings, we probably shouldn't hold our breath.