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Re: crookedneck post# 8715

Thursday, 07/10/2014 3:56:22 PM

Thursday, July 10, 2014 3:56:22 PM

Post# of 27076
Honestly, I think the only thing keeping the PPS propped up where it currently stands is the expected upcoming news about their CBD line of supplements. When that news hits, I see the PPS moving much higher, at least for a short while.

Just taking a quick peak at their most recent quarterly FINS, it's difficult to see how the company might attract new investors wiling to take the risk, or even keep those that have been in it for any length of time. Their gross profit for the 1st quarter was only 117K, with the preferred divy being about double that amount. After admin expenses, royalties, divies, and everything in between, you're left with a net loss of around 4.7M for the quarter which stinks compared to their revenues, and anticipated revenues. Page eight of their quarterly filing explains briefly the company's going concern and liquidity issues.

While they might be able to decrease their overall admin expenses a bit after the CBD line is out for a while, you're still left with increasing royalties from MSE. Unless the numbers start to improve dramatically in the next few quarters, then they may require a national ad campaign to try and move the products and turn a profit. They'd need a LOT of $$$ to make it happen, so it's unlikely that such a campaign would exist.






As for the current share price, Mr. James said he wasn't pleased at all with the current share price at all and thinks the market has not priced in everything the company has accomplished in the past two years, but said it is what is and that all he can do is continue to work hard to push the business forward. He said that it takes time to turn a company around and that they have taken on a lot in the past two years to try and make this happen as quick as possible. He said he has not and will not attempt to try and artificially inflate the share price by means of some kind of PR that does not follow their principals of only putting out a PR on a newsworthy event for the company. In other words he is not about to try and pump up the share price by putting out some PR for the sake of only bolstering the share price. They just don't work that way, even if it is typical for so many other OTC companies. My hat goes off to him for that and I applaud his principals. Eventually the market will value the company where it should be right now, which is in that mid 30 cent range in my book at this stage, he said.

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