Read it and weep or laugh. Gab's 2019 financials are out. Spoiler: $808,000 in operating expenses. $145,000 in revenues. Ouch.
$808,000 sure doesn't buy what it used to buy.
$751,000 in salaries, marketing and R&D. Someone is getting wealthy.
At the end of 2019 Gab had $31,000 in total cash. In January 2020 they were given a loan (convertible note) of $250,000 by SOMEONE.
Please repost. Thank you for your service.
@ThreeOneThreeChris Could be anyone but it is convertible note and is probably huge chunk of company so someone has him by the short hairs now.
This is the Short Description