Business Development We were incorporated in the State of Colorado on May 9, 1996, with an authorized capital of 55,000,000 shares, comprised of 50,000,000 shares of common stock, and 5,000,000 shares of non-voting preferred stock, both with no par value per share. We were formed for the primary purpose of engaging in the business of marine transportation and to provide ocean going shipping of goods internationally. Our proposed business operations were unsuccessful, and we had no material business operations from March 7, 1997 through December 31, 2018. We voluntarily filed our Form 10-SB Registration Statement so that we could become a “reporting issuer” under the Securities Exchange Act of 1934, as amended (the “ Exchange Act”). On December 31, 2018 (the “ Closing Date” or “ Closing”), we entered into a Share Exchange Agreement (the “ Agreement”) with High Sierra Technologies, Inc.
| Metric | TTM | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | -391K | -306K | -476K | -46K | -41K | -52K |
| EPS | $-0.01 | $-0.02 | $-0.02 | $-0.03 | $-0.02 | $-0.03 |
| Free Cash Flow | 0 | -188K | -600K | -11K | -14K | -36K |
| ROIC | -133.2% | -55.8% | -593.7% | -113745.2% | - | -14337.7% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.00 | -2.27 | -1.24 | -0.66 | -0.65 | -0.63 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -296K | -258K | -476K | -46K | -41K | -52K |
| Operating Margin | 0.0% | - | - | - | - | - |
| ROE | 0.0% | - | - | - | - | - |
| Shares Outstanding | 21M | 15M | 24M | 2M | 2M | 2M |
High Sierra Technologies, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
High Sierra Technologies, Inc. (HSTI) has a 5-year average return on invested capital (ROIC) of -55.8%. This is below average and may indicate limited pricing power.
High Sierra Technologies, Inc. (HSTI) has a market capitalization of $29M. It is classified as a small-cap stock.
High Sierra Technologies, Inc. (HSTI) does not currently pay a regular dividend.
High Sierra Technologies, Inc. (HSTI) operates in the Blank Checks industry, within the Financials sector.
High Sierra Technologies, Inc. (HSTI) generated $-188 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
High Sierra Technologies, Inc. (HSTI) reported earnings per share (EPS) of $-0.02 in its most recent fiscal year.
The Ledger Terminal provides 10 years of financial data for High Sierra Technologies, Inc. (HSTI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
High Sierra Technologies, Inc. (HSTI) has a book value per share of $-0.02, based on its most recent annual SEC filing.
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