Nice try. You are NO accountant for sure. You
Post# of 10383
You left out the parts about 2021 10-K including, but not limited to: "no assets... peanuts for cash on hand...continued poor credit...stock price dilution, millions of projected revenue lost associated with medi-ri denial...Durango on hold or dead... Australia feedstocks project in starvation mode...another year of unsuccessful UL certs for non-glass solar panel patents monetization...outsourcing bus shelter ad revenue and company turning into a distributor of other companies' products".
Do you have any idea how much projected revenue was lost with projects never happening ...when you read the past 3-4 years of company's delusional paid for press releases.
And you're hanging hat on a recent tweets and pressers mentioning 450 mil in projected revenue as a wholesaler/distributor?
Sorry to see you're happy with 10 mil of deficit on top of all those company losses in 2021 too. The bar is very low for some? Scary to say the least.
You say you're no accountant but please read closely where the 10-K valuation of the company as of 12-31-21.
As of December 31, 2021 the Company had a valuation allowance totaling $2,392,000 against its deferred tax assets due to insufficient positive evidence, primarily consisting of losses within the taxing jurisdictions that have tax attributes and deferred tax assets.
Compare that valuation # above to the current market cap of 7.2 mil
That makes it is easy to understand why the heavily diluted stock...relying on hashtagged tweets...is on its way back to .002 to .0025.
So much for all those hundreds of posts in bold CAPITAL letters saying the company's stock is GROSSLY UNDERVALUED and BUT THE CHEAPIES. LOL
don't get burned
do your own due diligence
imho
cheers
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