No there is not, prove it, this has been the first and last "audited" financial provided since 2014 and it clearly shows a larger loss in operations in the 2 years compared 2018 vs 2017, doesnt matter if they took more revenues in, they overall increased their loss in operations by 166% percentage outpacing their income significantly.
That is the point, just because you made $100 a year ago and now you made $200 this year doesn't make the operation "improved", if you expended $120 the first year operating and record a loss of $20 the first year and the second year you spend $300 operating does not mean you "improved", you spent more money and at the same time increased your losses by an higher margin, instead of $20 in loss you now have a $100 loss, you have increased your losses by 5 times. Just because you took more money in is meaningless.
Further its not ever going to trade again, they failed to file, because they cannot get a Form 211. The FACTS are right there in black and white. This security is no longer filing, you have nothing to prove that it will ever file another document. The 10K required would put them further in debt, they cannot afford another audited filing, because they have no means to raise cash, they have no means to sell shares any longer. They have zero reason to file if they cannot trade shares and they cannot get an approved Form 211, so it is over.
Better yet just look at the increased money being handed over to management, over $4.7 Million dollars owed to Steve Saleen, just killing those results of operations.
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