Total current assets- $463,000
TOTAL LIABILITIES - $2,422,000
Thats NEGATIVE tangible net worth.
With 40,467,611 shares outstanding, even after the 1 for 25 reverse split, that comes out to a value of NEGATIVE 4.84 CENTS PER SHARE at 12/31.
Since then, Im sure their losses have continued and their sharecount has increased.
This company has a marketcap of $36.42 million and its nothing but a MONEY LOSING SCAM !