InvestorsHub Logo

jrsh

08/26/23 3:51 AM

#5447 RE: Thehustle #5446

On the first glance fundamentals are not looking bad but we know too less to make any real judgment!

Yes 33 million in assets looks impressive but first of all they show almost the same amount in liabilities and second we have no idea what those assets could be. They can basically show every number there as long as the company is not audited! And apparently the assets produced almost no revenue! 90k in revenue in 3 months isn't anything to be proud of!

Fact is Gaensel hasn't produced anything in 2 years except very false projections!!!


I'm not saying there is no opportunity but without them telling us what they really got and how to go forward I'm remaining very sceptical!