Post by
NEWBIE65 on May 30, 2021 8:35pm
$34.5 MILLION in debt
Since 2009 and THEY MADE NO REVENUE In these financials and the money they spent was from warrants etc. There is a massive problem if you are not selling anything and living off the shareholders. Financials dont lie. Look at the writing on the wall. I have been watching this company for at least three years now and all I see is them getting deeper and deeper into debt. $34.5 Million so financials point out. Ouch. I would hate to be the bank that they owe.
Comment by
lscfa on May 31, 2021 1:27am
A deficit is not debt, dumbass. The company has no debt o/s. The deficit is the money spent to progress the business. In other words growth captial.
Comment by
lscfa on May 31, 2021 1:36am
p.s. $11.5 mil of the deficit is the result of the prior co. that Neutrisci did the reverse take over with. Also, NU has $20 million in tax loss carryforwards that are good until 2030 to 2040 and will reduce income tax payaable once operations turn profitable. \
Comment by
Edcando on May 31, 2021 1:59am
Why would newbie let facts get in the way of his trolling ? Lol.
Comment by
ThatBigGinger on May 31, 2021 12:51pm
You're only convincing weak handed idiots like CDN with your constant spam newbie. Thanks for allowing me to up my position again today, if anything you're helping smart investors make more ^^ Cheers
Comment by
Edcando on May 31, 2021 2:50pm
Lol even CDN doesn't buy newbies garbage. Hell even CDN doesn't buy his own. They have their own silly agendas. It will change nothing here