A couple of us are evaluating some financials recently released (after some teeth pulling) to a thread member....
As of November 97 (November 98 hasn't been released)
Shares - 100,000,0000 authorized, 12,500 issued and outstanding. Reportedly +/- 2,000,000 float
Net Operating loss = (1,991,393) (Before taxes , (2,978,527))
Extraordinary sale of software = 8,771,136 (confirmed by statements in their business plan)
Net income = $6,779,743
Total Assets = $13,186,428 (I'm still evaluating these)
Total Liabilities = $5,511,146 (Long term debt)
Total Equity = $7,675,282 (this obviously is significantly different now....)
98????
No audit statement, just pro forma. Reportedly under audit now per previous post, but I haven't been able to find the interview with McKinnon cited in that post. |
