Xtreme One Entertainment Inc (XONI)

[Alan Brochstein]

Here we are 21 months later, and the company is still losing money every quarter and has a bloated fully-converted market cap of over $400mm. This company is loaded with no debt, it has assets that are dominated by something called the Candwich, which is valued at $250K, it owns no plants and no greenhouse and the insiders prepare the financial statements.

A short time after my first post in January that called out the bloated share structure and questioned the nepotism of Chief Scamming Officer Delmar Janovec employing his nephew, the stock fell to as low as $0.20.

I am very confident that this stock will be below a nickel in a year, which will still be a lot more than the company is worth. Don't forget, these are the same clowns who ran this into the ground when it was BizAuctions and did a 17,000 to 1 reverse-split.