Left out the 3 Mil write off for Medr-Ri deconsoli
Post# of 12436
(Total Views: 254)
Posted On: 02/06/2023 11:49:11 PM
Left out the 3 Mil write off for Medr-Ri deconsolidation and nearly 600 million convertible shares from 2019 thru 2020 to get unpaid debt off the books.
and still carrying a 10.8 million deficit if you know where to look (start with above)
only things that could reduce any deficits were handing out hundreds of millions of shares for unpaid loans and off-loading Medi-Ri and getting nothing for it after spending 9 mil on equipment/shipping/assembling before final approval...only to get denied.
in my humble opinion
cheers
Quote:
Going Concern
The Company has an accumulated deficit of $7,900,238 and a working capital deficit of $2,941,894 as of September 30, 2022. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations, which it has not been able to accomplish to date, and/or obtain additional financing from its stockholders and/or other third parties.
and still carrying a 10.8 million deficit if you know where to look (start with above)
only things that could reduce any deficits were handing out hundreds of millions of shares for unpaid loans and off-loading Medi-Ri and getting nothing for it after spending 9 mil on equipment/shipping/assembling before final approval...only to get denied.
in my humble opinion
cheers
(0)
(0)Sun Pacific Holding Corp. (SNPW) Stock Research Links
Scroll down for more posts ▼