Eastside Distilling Inc (EAST)

[FUNMAN]

I'm not really impressed with the management bios.

What is impressing me is the YoY revenue gains, and sequential Quarterly increases, albeit allowing for last December being the peak revenue quarter.

That bodes very well for growing past breakeven. Though they have a long way to go, and probably plenty of diluting equity raises too.

It will be interested to see if they file for a 10K submission extension again or if they can file on time this year.

Most interesting will be what the year over year revenue bump is.

I like sin stocks. I've been in ROX going on 8 years already.

This one looks all too familiar as an insider printing press that lines insiders pockets with multiple classes of shares and warrants.

Insider commitment is high, but that doesn't appear as a result of them self funding the company.

Is that correct or incorrect?

All directors and officers as a group (6 persons) 3,467,933 ... 63.14% of O/S ... 54.10% of voting power

I don't mind options that they pay for as a means to fund the company. I mind if they are constantly flipping them to profit. I don't see the Form 4's that indicate insider selling.

I will follow ESDI for a while to get a handle on what's going on.

In the mean time, good luck to you.