Accumulated deficit of $2 million that doubled from the prior year. Not even close to being profitable. They are using cash from customer deposits because there is no way they could operate without being paid some up front and they are burning through that at lightning speed.
They are BLEEDING cash which is why they went public.
What are the outstanding shares on this company with ZERO equity? NEGATIVE EQUITY in fact? Let's see...there's six million shares in the market which only make up 7% of the company. The other 93% is made up of 215 million shares for the beneficial shareholders and 14 million for the Leakout Agreement holders.
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