Replies to post #508 on Takung Art Co Ltd (TKAT)

[ALERTS100%to10000%GAIN]

Sources of Liquidity

During the six months ended June 30, 2021, net cash generated from operating
activities totaled $9,831,372. Although the Company incurred a net loss of
$7,798,419 during the six months ended June 30, 2021, such net loss was offset
by an increase in net change in operating assets and liabilities of $10,768,770
and non-cash adjustments to net loss of $6,861,021. Net cash generated from
investing activities totaled $388,967. Net cash provided by financing activities
totaled $180,485. The resulting change in cash for the period was an increase of
$10,454,093. The cash balance at the beginning of the period was $13,842,745.
The cash balance on June 30, 2021 was $24,296,838.