Replies to post #27924 on Netcapital Inc (NCPL)

[axconth]

Our costs of revenues increased by $748,053, or 6,736%

As of April 30, 2021, we had cash and cash equivalents of $2,473,959 and negative working capital of $4,666,833 as compared to cash and cash equivalents of $11,206 and negative working
capital of $1,057,581 as of April 30, 2020.

And they're hoping the $1.8M SBA loan is forgiven?

.. The $1M secured loan is still active


I think this only looks good on paper
because of questionable valuations of investments? Otherwise is there a net operational loss?

I think the market questions this business
as I view the share price decline.