Post by
stockprobe19 on Feb 15, 2022 12:49pm
Can't post under a deceptive headline
KTD, I'm not picking on you but when you play into the deception aren't you part of it? This is the point I have been trying to get across. The headline reads 23.5 million loss last year and total debt 52 million. Then you ask So that won't have any impact on the uplisting to NASDAQ, right?
I believe the 23.5 million maybe a loss last year and I think the 53 million maybe a combined total loss over the history of the company. Remember losses aren't a reflection of debt but of moneys spent over the history of the company. EVERYONE in business knows that losses can be carried forward as write offs against future gains as in profits. Now I ask you again what are the total loans for the company because that has an impact on the uplist. Having a writeoff of 53 million in my opinion, especially if my business has great potential, is a major asset. Worring about a filing is another deception or distraction from what is truely happening with WMG. Stop swimming with the decievers and if you must reply to a post change the heading to reflect the truth not the lie.
Comment by
KonnectTheDots on Feb 15, 2022 1:08pm
The question was asked in sincerity but no answers submitted. Again, if having years worth of revenue is a condition of listing on NASDAQ, how can it be done? Stop worrying about who people are swimming with and deflecting, for once answer a question.
Comment by
Bingbong87 on Feb 15, 2022 1:26pm
Standard No. 4: Assets With Equity Companies can eliminate the cash flow and revenue requirements and decrease their market capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million.8
Comment by
stockprobe19 on Feb 15, 2022 1:41pm
I don't have an answer to the question because I have no knowledge of Nasdaq and it's requirements and neither do you. That's a question you can ask management. You haven't answered my question about toal debt.