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Alan Brochstein

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Alan Brochstein

Re: plugedin post# 1321

Friday, 09/16/2016 9:25:54 AM

Friday, September 16, 2016 9:25:54 AM

Post# of 2865
What's not clear? The company just filed its 10-K for the year ending 6/30, and they were HORRIBLE. I was pointing out that there was no press release to even explain why their financial position deteriorated so greatly. Instead, they are discussing today their plans to expand when they clearly don't have the money to do so.

The cash used to fund operations exploded in Q4 - horrendous. It burned 1.17mm in Q4 and 1.3mm for the whole year. Just compare the 10-K and the last 10-Q for Q3.

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.

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