Nelly Shishkova

U.S. National Telecom, Inc. (PINK:USNL) Hit a Shocking Gain

by Nelly Shishkova April 10, 2012

USNL_logo.jpgAccording to its 10-K, the company's operating revenues for 2011 totaled only $7 and no one could guarantee that USNL would produce positive cash flows in future.

At the same time, the company has suffered a net loss of over $192 million, while its cash on hand hardly totaled $151.15.

As USNL has never operated at a profit, the company relies on loans from its officers to remain in business over the next twelve months. However, if USNL does not generate sufficient cash flows, it might not be able to sustain its operation.

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