The Company has a working capital deficiency of $8
Post# of 5570
Posted On: 11/20/2014 12:11:38 AM
The Company has a working capital deficiency of $855,844 and an accumulated deficit of $18,600,764 as of September 30, 2014. The Company has limited recurring sources of revenue or liquidity and incurred a net loss attributable to Mindpix Corporation and net cash used in operations of $1,292,872 and
$833,717, respectively, for the nine months ended September 30, 2014.
The Company’s potentially dilutive securities, consisting 15,000,000 shares underlying stock options and 271,491,228
shares underling convertible debt as of September 30, 2014, were anti-dilutive and excluded from the calculation of diluted earnings per share.
http://www.otcmarkets.com/financialReportView...;id=129633
$833,717, respectively, for the nine months ended September 30, 2014.
The Company’s potentially dilutive securities, consisting 15,000,000 shares underlying stock options and 271,491,228
shares underling convertible debt as of September 30, 2014, were anti-dilutive and excluded from the calculation of diluted earnings per share.
http://www.otcmarkets.com/financialReportView...;id=129633
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/