Tiger Reef Inc (PK:TGRR)

Business Focus: Internet Gaming

Sector:  Technology Industry:  Internet Services
 
See Regulatory Filings on SEC
Company Contact
Address: Wellsburg Street #7, Cole Bay
CHARLOTTE NC 28278-8738
Tel: N/A
Website: www.tigerreefinc.com
IR: See website
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Key People
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Business Overview
Tiger Reef, Inc., formerly Blue Water Bar & Grill, Inc., is a producer of rums under the Tiger Reef brand. The Company is a developer of Caribbean casual dining restaurant properties. The Blue Water Bar & Grill restaurant concept features a casual, open air Caribbean themed restaurant designed to offer customers a distinctive and relaxing island dining experience. The Company focuses on opening a Blue Water Bar & Grill restaurant at Aruba, Dutch West Indies; Nassau, Bahamas; Cozumel, Mexico; Grand Cayman, and Barbados. As of September 30, 2016, the Company had not generated any revenues. Tiger Reef Spirits, Ltd. is a subsidiary of the Company.
Financial Overview
For the six months ended 30 June 2017, Tiger Reef Inc revenues was not reported. Net loss increased from $130K to $759K. Higher net loss reflects Consulting fees increase from $15K to $303K (expense), Interest Expense increase from $5K to $73K (expense), Legal Fees increase of 10% to $96K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -$0.02.
Reporting Currency: U.S. Dollars
Enterprise value: $0.26M as of Jun 30, 2017
Annual revenue (TTM): $0.00M as of Jun 30, 2017
EBITDA (TTM): -$0.52M as of Jun 30, 2017
Net annual income (TTM): -$1.10M as of Jun 30, 2017
Free cash flow (TTM): -$0.32M as of Jun 30, 2017
Net Debt Last Fiscal Year: $0.12M as of Jun 30, 2017
Shares outstanding: 82,440,651 as of Nov 13, 2017
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization