Content analysis
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Legalese | ||
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8th grade Avg
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New words:
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Removed:
Advance, amendment, assist, attributable, checkmark, collateral, combination, conform, consistently, delinquent, FIN, funded, incorporated, integrity, literature, negative, objectivity, occupancy, oriented, origination, presently, pretax, proxy, reduction, remain, satisfaction, short, substantially, sulphur, summary, taxing, travel, unadjusted
Financial report summary
?Management Discussion
- Following is our discussion of the relevant items affecting results of operations for the years ended December 31, 2018 and 2017.
- Revenue. The Company generated net revenue of $-0- for both the years ended December 31, 2018 and 2017. The lack of revenues is mainly the result of no oil and gas exploration as the Company continues to develop its business strategy.
- Cost of Sales. Cost of sales for both the years ended December 31, 2018 and 2017 was $-0-. This is a product of zero sales as a result of no oil and gas exploration.