why the hell would you expect them to be good????? There is , at this point , nothing new to generate more income....hopefully that will change...so don't get your undies in a knot over financials....they mean jack chit
Looks like ECSL ponied up $250,000 deposit on the deal.
And this statement that's been in the filings for a while has always been a head scratcher.
Note 8. Stockholders’ deficit The company has 75,000,000 shares of common stock authorized with 70,589,237 outstanding with a par value of .001 as of December 31, 2020. Each outstanding share of common stock is entitled to one vote on corporate matters requiring a vote. Certain corporate matters, such as normal business operations are conducted by the officers of the corporation acting under direction of the board of directors. There are no other material rights of common shareholders. There are no provisions in the Company’s bylaws that would delay, defer or prevent a change in control of the Issuer. The company also has 100,000 shares of preferred stock at a par value of .001 with none issued. The excess shares issued of 19,501,745 are currently being classified under current liabilities as common stock issued in excess of authorized shares. Therefore, the equity transactions listed below are not contained in the consolidated statement of changes in the stockholders’ deficit.
I know it isnt new but don't know that it's ever been explained. Also sez 70.5 million out but elsewhere sez more. Need to clean that up for listing.
Looks like a few more revs this time and even looks like a little profit from the station as well.