My warnings for traders here. $ BIMI. Study.

 My warnings for traders here.

$ BIMI.

Study.

👇


"These conditions raise substantial doubt about the Company’s ability to continue as a going concern."

https://finance.yahoo.com/news/boqi-international-medical-inc-announces-133000521.html


Net Profit (Loss)

For the three months ended September 30, 2020, the Company reported a net loss of $1,860,573 compared to a net loss of $547,689 for the same period of 2019. For the nine months ended September 30, 2020, the Company reported a net profit of $611,090 compared to a net loss of $1,973,382 for the same period in 2019.


Liquidity and Capital Resources

On September 30, 2020, the Company had cash and cash equivalents of $11, 585,325 compared to cash and cash equivalents of $36,363 on December 31, 2019. As of September 30, 2020, the Company had negative working capital of $5,439,912 as compared to negative working capital of $500,765 on December 31, 2019.


"These conditions raise substantial doubt about the Company’s ability to continue as a going concern."


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