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rsh

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Alias Born 04/28/2015

rsh

Re: Full Contact Yoga post# 4133

Monday, 12/12/2016 12:06:10 PM

Monday, December 12, 2016 12:06:10 PM

Post# of 26231
It was not P and D. If you believe the superficial writings of the ignorant, so be it. They had a PR firm, which they fired later, but more importantly they had sales. In fact they had somewhere on the order of $1.5M in "SALES OF PRODUCT" revenue (i.e. not Convertible sales) in (I think it was) the first quarter of 2015 or last of the previous quarter. There are many stupid people writing things that do not bother to look into what they are writing about - perhaps one might not want to believe everything one reads, but rather dive into it and look for oneself to see what actually took place.

P and D companies make their revenues by selling Convertible Notes and they MUST do Pumps quite often to generate share sales to those smitten with the hype of the Pump to have shareholders pay for them. WSTI DID NOT DO THAT. You haven't seen anything via PR out of the company for ~1.5 years. So don't make the claim that they are a P and D company. They are NOT!

What they are is a poorly managed company with an excellent product who started up at a very wrong time. They will likely fail but not as a P and D even if the result turns out the same.

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