Starco Brands files Skylar Body financials; acquired entity had $5.3M net loss, going concern doubt

Starco Brands, Inc.

Skylar Body's audited 2021 net loss $5.3M vs $4.2M in 2020; revenue grew to $8.8M from $6.6M.
Stockholders' deficit of $4.9M as of Dec 2021, with $5.865M in notes payable.
Auditor's report includes a going concern paragraph citing recurring losses and capital deficiency.
Pro forma financial statements give effect to the acquisition by Starco Brands.

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