Replies to post #12487 on Mindpix Corp. (fka MPIX)

[retiredanalyst]

Right...MPIX's 10-Q is unaudited after Roxanna promised audited financials. Note that revenues are $0. So for the last 15 months, MPIX has not generated a single penny in sales. Also, MPIX is putting a $40,000,000 valuation on it's non-exclusive music rights, even though the music rights haven't generated a single penny in revenues. IMO, the music rights have no value if the rights can't generate any revenues. This explains why there is no chance MPIX can actually have an audited report meaning it's certified. No CPA could sign off on a $40,000,000 asset valuation when the library generates $0. Take away this phoney asset valuation, and all the assets that are left is it's current cash position of $4475.