Posted On: 05/21/2014 6:33:59 PM
Post# of 41414
From the 10Q:
Since our inception, we have incurred substantial operating and net losses, as well as negative operating cash flows. As of March 31, 2014, our working capital deficit was $1,585,249 and our stockholders' deficit was $935,207. Our stockholders' equity balance at March 31, 2013 was $377,267, compared to a $935,207 stockholders' deficit reported at deficit at March 31, 2014, an increase in stockholders' deficit of $1,312,474
No wonder we are at sub-penny. Baltia must get certified quickly and fly this year_________or else.
Since our inception, we have incurred substantial operating and net losses, as well as negative operating cash flows. As of March 31, 2014, our working capital deficit was $1,585,249 and our stockholders' deficit was $935,207. Our stockholders' equity balance at March 31, 2013 was $377,267, compared to a $935,207 stockholders' deficit reported at deficit at March 31, 2014, an increase in stockholders' deficit of $1,312,474
No wonder we are at sub-penny. Baltia must get certified quickly and fly this year_________or else.
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