Bullboard - Stock Discussion Forum Carbeeza Inc Com V.HIT

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Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case... see more

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Carbeeza Inc Com > Q2 financials are coming

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Post by BirchBrook on Feb 05, 2018 9:23am

Q2 financials are coming

With Christmas past, biggest sales season ended, Q2 is usually the lowest of all year. The X was delayed several times now and their taking losses selling stock. Seems like their digging a bigger hole, already over 12 million in debt. JMO

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Comment by 21salming on Feb 05, 2018 9:31am

You make some good points BirchBrook. I'll give you that. However, don't you think this is par for the course for a start up? GLTA.

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Comment by yixter on Feb 05, 2018 9:32am

What are u smoking they are no where near 12 million in debt recent financials show $700 000 but they had over $400 000 in inventory so the debt is not that bad at all!!$!

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Comment by BirchBrook on Feb 05, 2018 9:38am

The Company’s unaudited interim consolidated financial statements have been prepared on the going concern basis, which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. For the three months ended September 30, 2017, the Company incurred a loss of $282,827 (twelve months ended June 30, 2017 - loss of $2,011,586), negative ...more

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Comment by yixter on Feb 05, 2018 9:41am

That is misleading because it’s not 12 million in debt it’s deficit with stock 2 completely different things!!!

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Comment by yixter on Feb 05, 2018 9:45am

Their debt is minuscule good god if they were any where near 12 million in debt they would be under that is very misleading unappreciated info u posted!!

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