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Re: Toxic Avenger post# 4691

Wednesday, 03/29/2017 10:23:54 AM

Wednesday, March 29, 2017 10:23:54 AM

Post# of 5090
I am not in love with SPIN mgmt. and how they have done things these past couple years ..... but your comments aren't anywhere near accurate.

QVH was always a bit of hype to keep the stock price up. They sunk a lot of money into it and didn't sell many units.
I'm not sure at this point they can ever become profitable.
That may mean they'll have to take on toxic debt, which will mean the collapse of the stock.

QVH isn't hype, it is an actual patented and certified medical device that has proven to speed up and increase settlements of funded cases. $2.5 million was spent on QVH development. That is chump change ... and was funded via cash flow from the business. It is true they have not sold many units. That R&D cost is no longer in play.

They are already just about CF+. They merely need to add affiliates and fund more cases to gain profitability. That is where my biggest problem with mgmt. lives at present.

I never say never, but I'm 99% certain there will be no toxic debt, i.e. floorless convertibles. Not this mgmt. If they need money they will get it via non toxic means. They already have an LOC with Wells Fargo. Don't really need toxic debt. Any new debt, if needed, would really be to fund expansion or the business.

Amigo Mike