I don't think it's THAT bad...just reflects (I think) that they have declining cash and less assets....but their liabilities are down (I think) because they are paying off debt in the form of shares...and Adar Bays for one would stand to profit ginormously with billion of shares if this can get off the ground.
Can someone else please jump in with accounting knowledge?
The report wasn't bad, but it wasn't good. Just more of the same old same old. But the disclosure was beautiful because it explains the approximate 7M dollar trades that were rumored all week. Now fact!