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Re: premiumjavacoffee post# 4899

Thursday, 05/18/2017 3:49:27 PM

Thursday, May 18, 2017 3:49:27 PM

Post# of 6123
Premium,

It looks as if all they plan to do is steal shares from their shareholders thru a reverse split and issue themselves more shares post split. It's a fixed steal and dilute shell game.

If Wallach were to offer up 40 million of his shares towards new growth post split, he would need to hold 800 million shares currently. He doesn't, so his intent must be to issue himself and his cronies far more once the uplist, if it ever happens, has occurred. The carrot of uplist forever dangles. They will need to do a 20:1 minimum to garner a reasonable baseline share prince for uplist.

Sales at the MLM level are slipping and you can only tap into so many third world countries to try and drive growth by use of desperate sales monkeys and low level acquisitions.
They should have focused on and grown their coffee business organically while leaving the existing outstanding share count at the time alone. Shareholders would be far better off today. The writing was on the wall when they over diluted the hell out of their stock during the merger. I should have ran, instead I averaged down heavily like a fool. Dumb.

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