SEC filings tell it all.
The recent filings now show how this company is presenting itself as 'in trouble'.
One of the reasons I invested 'years' ago was due largely to the small amount of shares floating around and the fact the insiders purchased a lot of the stock, something they have not done recently and probably will no longer do. This alone is a bad sign.
$5000 in cash bodes badly. In fact the filings show nothing but bad news and they show that the mattress is not selling which would have shown up as revenue, this after being on the market now for a year.
I have tried to call the CEO twice in the past year and have not had my calls returned or answered by a real person, this is not good.
There is now 90+ million shares floating around, there is no buying interest, there is talk (always they talk) about this country or that country and it's all bullshit. Remember the hospital beds in what was it, Korea? Or was it Japan? And how about splitting the company into two divisions...Ha! Sounding more like idiots in charge.
Bottom line: I'm sick of this company now and it would not surprise me if it drops into the trips where the gambling traders can play but not me, I'm fed up with this company unless (and that's a big 'unless') something actually positive regarding revenue is shown. Not more, "Dr. Rajiblahblah went to a seminar," or, "Peru is thinking a doing a study with latex and lama's, stay tuned..."
Big bunch of horseshit and there is growing regret on my part for ever thinking there was 'hope' for this company.
Any more filings like this and I'm bailing. Shit...Okay, now I feel better. I'm sucking my thumb and standing in my safe place watching kittens play on a video.
