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Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are poised to deliver high-quality content, strategy and substantive value across a number of platforms.


GREY:FBOP - Post by User

Bullboard Posts
Post by Ericguertinon Jan 06, 2017 7:46pm
130 Views
Post# 25677811

That was on the last financial statement what do u think

That was on the last financial statement what do u think

Your comment ar more than welcome

The Company has earned a net income of $149 for the six months ended June 30, 2016 (six months ended June 30, 2015
net loss of $478), but historically has recurring operating losses. As at June 30, 2016, the Company has an accumulated deficit of $7,487 (December 31, 2015 $7,636) from inception and working capital of $184 (December 31, 2015 $45). Whether or when the Company can attain consistent positive cash flows from operations and the challenges of securing requisite funding beyond June 30, 2017 and the cumulative operating losses indicate the existence of an uncertainty that may cast significant doubt upon the Company’s ability to continue as a going concern. These interim consolidated statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts nor to the amounts or classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Such adjustments could be material. 


Bullboard Posts