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Media Central Corp. V.AAO


Primary Symbol: 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

Comment by Reallitycheckon Sep 07, 2020 8:54pm
249 Views
Post# 31518660

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fins out

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fins outDon't be so modest. You definitely have a way with words. On a more serious note thankfully I never invested and you're right about this not ending well. As things stand between the WORKING CAPITAL DEFFICIENCY and the so called LONGer TERM DEBT the company is $2+ mil in the RED. The $1 million Private Placement as part of the BUDTREE acquisition would have only SERVED as a TEMPORARY FIX. They need cash to stay AFLOAT for the next whatever period of time as I think they'll continue bleeding between $250k to $500k in each of the next couple of quarters and/or beyond. So they would need to raise at least a COUPLE of MIL. How and on what terms is anybody's guess as NO PRICE LEVEL makes SENSE. I think they're just trying to see if they can PUMP UP the price to 3.5 cents, do a private placement assuming they find a SUCKER(s) and then .......
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