Thursday, February 23, 2017 8:55:15 AM
1. Hostastock, as they used to say in the cowboy movies of my youth, you're "darn tootin'" (meaning absolutely correct) about the company having been strong-armed by a supplier into making a disadvantageous, but perhaps the only remaining, deal.
2. DC Key, thanks for your kindness, and I'll put it on my calendar for Sunday to take a look at what else you're up to. I will look at the discussion board there and see what its "personality" is. On this board, someone like me whose interest was originally that of someone who only was the target of a pump and dump scheme back in Spring 2014, I was still for the most part welcomed by the gang, with only an occasional bully asserting that a stock board should be limited to those with a direct financial interest even if such contributor might vainly imagine that he had something to offer from time to time. Feel free to PM me during Happy Hour on Friday afternoon, if you don't have an advanced membership here, and I'll get back to you with my personal e-mail address. If I determine that I shouldn't really go on the other discussion board, I'll still be happy to give you my impressions privately of the stock in question.
3. For those here who are out for legal blood, there are two more things for you to consider. First, the 10Q for the first quarter of this fiscal year was dated November 21, and although it is unaudited one might wonder if there is a legal mandate to include "subsequent events" such as the end of the manufacturing process, perhaps in the "going concern" section of the financial statements part of the report. Second, the annual 10K had an issuance date of October 13 (I'm working from memory here, so please check this out yourself), and some of what was going on as regards the manufacturing woes was already well underway by that time. You might want to see if the disclosures were sufficient. CPA firms carry liability insurance, as you may all know.
I hope the gang here has a great day and I really do appreciate having been permitted, and often encouraged, to offer my thoughts on this board. You guys all deserve better than the s*&t sandwich which you've been given.
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