Current liabilities of $22,795? There is over $16 million in long term liabilities, and you are questioning $22k?
Revenue/sales has increased and approximately $1 million in sales is pretty low for a seasonal restaurant/bar and a brewery. I highly doubt those numbers are fluffed, they do look good. Audits will confirm and hopefully they will get done soon. KEGS is growing and needs to prove their numbers. I wish KEGS gets audited!
Dont forget though; KEGS just received loans from a bank and local government agencies. That is close enough for an audit since they REQUIRE BANK STATEMENTS and TAX RECORDS!
In the meantime; I will let time tell the truth for the shareholders of KEGS!
”Also, I don’t believe the Balance Sheet is accurate. Almost impossible for Current Liabilities (Accounts Payable) for y/e 2023 to be exactly the same number as y/e 2022. I believe some numbers were plugged in since they had no clue how to get to the real number. Once it’s done with one number, easy to do with more categories. That’s why the statements are not audited.”
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