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Re: Shoeman1965 post# 1112

Sunday, 11/22/2015 2:21:25 PM

Sunday, November 22, 2015 2:21:25 PM

Post# of 2350
For the record, I have written to the Board Chair and blasted them for the financing methods that they have used as I don't believe that the company would need to pay 10% and give a conversion feature at 36% of the current price.

That said, I believe this October note will be the last as I think that the company will be cash flow positive and self sustaining in the next few months. You spew your hate toward the company and call everything they do misleading.....my opinion is that their only problem is that because of their poor historical funding, they have had a tough time meeting deadlines with their limited resources. My personal projections are the toy deal (I'm estimating 300,000 units) along with gloves, auto, and maybe even Mettis will turn this company cash flow positive in Q1. Of course that's my opinion and I could be wrong....but even if I am, I don't think profits are far away.

In the end I'm guessing the outstanding shares will settle around 85 million. That's more than I like, but not too much that this company can't generate a decent EPS in the future.

So tell me, why are you so interested in bashing this company......you say you would buy if they had proven sales.....so given they don't.....why are you here?
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