Replies to post #53847 on Two Hands Corp (TWOH)

[tarson]

Accumulated deficit is the sum of all losses of the company. Nothing to do with debt.

Companies usually offset future earnings with past losses to save on taxes.

The merging company probably could use these losses to save on taxes.

Currently not invested in TWOH. Will look to take a position this week.

[TGOO]

A debt is owed to a creditor.. a deficit is liabilities over assets..huge difference