Thank you and the others on this board. There's a lot of real finance knowledge being shared here. As I am still learning the fundamentals of this type of market, it is a worthwhile investment just to receive the knowledge you and others have shared. Since this is the first OTC stock I have been in that actually has revenue and a real business model, the potential to learn from their financial reports is a real value.
One thing that kind of stood out was my brief scan of the acquisition of Stereo Live. It appears NGHT bought it from their CEO for 2 shares of stock. Appears it was a money loser and the sellers gave it away for an agreement that the "buyer" would cover their obligations on the entity.
Looks as if it was a money loser. It's been around there for some time and come and gone as other "clubs". The area it's in use to be hot but not anymore.
You need to read the SEC filings on the above because I just skimmed over this part and not sure how on target my initial thoughts on it are.