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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

Comment by Reallitycheckon May 03, 2021 12:03pm
155 Views
Post# 33114425

RE:RE:RE:RE:RE:not what i expeted

RE:RE:RE:RE:RE:not what i expetedThis is in addition to my earlier summary response to the ILLITERATE ones on this board. Of the $2.6m in reported Assets $1.9m is Goodwill which is worth exactly BIG FAT ZERO and so in reality they've got Assets of only about $750k compared to Liabilities of $2.5m. Furthermore and even more troublesome their Current Assets are only $500k and Current Liabilities $1.6m resulting in a WORKING CAPITAL DEFFICIENCY of $900k assuming you even understand what that means. And finally Current Assets in December were almost $300k less than in September and Current Liabilities in December increased by over $300k in September, an overall deterioration in WCD of $500k in just 3 months. But since you can't read, just keep on dreaming hoping for a miracle. 
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