Saturday, April 01, 2017 5:04:07 PM
Don't get too excited by that $1.50 stock quote. That happened due to the hype of Fresh Diet before people knew what a disaster it would be. I knew, but when these stock clowns put out glowing reports of millions in profits yet to come, they mislead the public. Fresh Diet was a basket case when they bought it. Then Sam did his thing and turned it from bad to worse. It still amazes me how a company can do $1.5 million a month in sales and lose just under a million a month. That takes real talent.
One can only hope he has learned from his mistake. He needs to stay away from consumer businesses. Sam is a finance guy. Finance guys should not attempt to run branded consumer businesses. As an example on a larger scale, see Sears Holdings.
Sam needs to do what he knows how to do. I see the debt coming down. I believe he'll upgrade to a better exchange. It's good for the company and Sam's ego. That's why I think he will do it.
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