Link to the latest financials. Not much has changed since the March financial. The share count is still the same and yep 2.58M shares is the float. Sellers owns 380M shares that aren't in the float but a part of the OS.
Still have $3.4M in accumulated debt over the years,it's a little less than in March. There is no cash,no assets and no revenue. Other than that it's pretty clean,no endless pages of toxic notes like most tickers.
Question to ask is....what is the long term plan here? Going to merge this with his private Company or use it as a play toy? If this isn't going to become Associated Food Concepts then what is the point?
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