Business
GoooGreen Announces the Commencement of Revenues and Significant Balance Sheet Improvement for Its Third Quarter 2020 Financial Statement
GoooGreen Announces the Commencement of Revenues and Significant Balance Sheet Improvement for Its Third Quarter 2020 Financial Statement.
About this update from Winners Inc
[{"type":"text","content":"RENO, NV / ACCESSWIRE / November 16, 2020 / GoooGreen, Inc. (OTC PINK:GOOO) a Nevada corporation through its subsidiary VegasWINNERS, Inc., which provides sports betting enthusiasts with the highest quality analysis, research, data, guidance and professional advice, announces the commencement of Revenues and significant balance sheet improvement for its September 30th, 2020 financial statement.THIRD QUARTER HIGHLIGHTSCash and Cash Equivalents of $ 597,000 as compared to the year ended December 31st, 2019 of $1,000, an increase of $596,000.Total Assets of $ 6,665,000 as compared to the year ended December 31st, 2019 of $1,000, an increase of $6,664,000.Total Stockholders' equity of $5,670,000 as compared to the year ended December 31st, 2019 deficit of ($177,000), an increase of $5,847,000.Revenues of $2,000 as compared to the year ended December 31st, 2019 of $0, an increase of $2,000.The Company will not hold an earnings conference call at this time. The Company plans to hold a conference call at a future date to discuss its business plan. To view the entire financial report, please see https://backend.otcmarkets.com/otcapi/company/financial-report/263282/content.Tom Terwilliger, CEO of GoooGreen stated "Since the recent acquisition of VegasWINNERS, we've dramatically improved our Balance Sheet and started generating Revenues. While the COVID-19 pandemic has continued to negatively impact the economy, we've been extremely diligent and focused on executing our business plan to capitalize on the significant increase in number of Americans legally able to wager on sports due to the United States Supreme Court decision allowing states to legalize sports betting. Twenty-two states plus Washington DC. have already legalized sports wagering. We believe that as a result of the increased ability to bet, new sports bettors will, just as sports bettors have for years, seek professional advice to make winning wagers. Our business plan is to fill that need."ABOUT GOOOGREEN, INC.GoooGreen, Inc. (OTC "GOOO") through its operating subsidiary VegasWINNERS, Inc. (www.vegaswinners.com) is engaged in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. Revenues are expected to accelerate due to the explosion of ...