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inthesky

03/31/22 9:51 PM

#139637 RE: inthesky #139636

FS are out so the company finally released on time. Loss of $1.8M. Most due to the large deferred salaries and interest expense. Debt is now 2.7M. Good luck with this investment. LVGI needs a cash cow. Unfortunately the business seems to be drowning financially. Keto hasn't even posted recently? Are they pretty much done? Fizzled out? $250k wasted? Who knows. Management admitted Jasper is still very early starter phase. So the reliance is on Rokin. Maybe rokin will sky rocket in sales otherwise, how will they pay off this debt? They clearly are unable to raise funds from Reg A.