May. 12 at 3:50 PM
$WDRP Looking into WDRP since the latest bounce in price has receded again.
Looked at their latest 10k, it's pretty ugly. Only
$1,300 in revenue last year. Company is funded by twice as much convertible debt as the value of their assets, another 3 times their value in accounts payable. The math in their revenue statement doesn't even add up correctly.
Not liking what I'm seeing there, but willing to look to the future. If their coconut charcoal deal works out it could significantly improve things for them.
May I ask investors here what's on the horizon?