Connect the dots $1,200 in accounts receivables af
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Posted On: 11/17/2022 1:26:59 PM
Re: PENNIEStoSTACKS #3371
Connect the dots $1,200 in accounts receivables after almost 6 years in business.
more dots to connect
Insolvent company
Just lost Ri transit contract accounting for 65% of the revenue over the past year.
Borrowed $600K from "Peter to pay Paul"
Over $1 Mil due to ceo to pay that salary everybody that he was foregoing. lol
Over $9 Mil deficit with no way to pay it back
Q4 could show ZERO revenue based what the Q-10 details.
in my humble opinion
cheers
more dots to connect
Insolvent company
Just lost Ri transit contract accounting for 65% of the revenue over the past year.
Borrowed $600K from "Peter to pay Paul"
Over $1 Mil due to ceo to pay that salary everybody that he was foregoing. lol
Over $9 Mil deficit with no way to pay it back
Q4 could show ZERO revenue based what the Q-10 details.
in my humble opinion
cheers
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