Take a look on MNDP:Annual Report- Financial Report for Year 2009.
Please do your own DD. Good luck. Thx
The facts ARE from the Annual report. That is the problem.
..95 million shares OS on 1/31
..122 million shares OS on 6/3
Company issued 27 million shares to stay alive over a 4 month period
..The Issuer has 7 employees, of which 4 is full-time. (includes Airstar )( full-time Airstar 2, Mundus 2, part-time Airstar 2, Mundus 1
The only facility the company operates out of is an office:
The Company leases approximately 2700 square feet of office space at acres of property at 6067 Olivas Park Drive, Suites C & D, Ventura, California. The Company is in the last year of its two-year lease for this facility. The company moved the Ventura office to a new location at 5273 N. Commerce Ave Suite #1, Moorpark, CA 93021in December of 2009
Income from operations = zero
Mundus Group, Inc.
Income Statement
For the Period Ending January 31, 2009
Year to Date
Income -
Income -
Gross Profit -
Issuer has not had any revenues from operations in each of the last two fiscal years, or the last fiscal year and any interim period in the current fiscal year for which the attached financial statements are furnished.
And for the future:
iii) As of 1/31/2009, there was no expected purchase or sale of plant or significant equipment
iv) There will be no significant change in the number employees for the Issuer over the next 12 months.
You asked for DD...Good Luck...Thanks