QUARTER WILL BE DEVASTATING
Last year during the infamous Pump-n-Dump, which ruined many lives and turned Investors into Prisoners, the Company claimed that 2017 would bring $200M in Revenues: About $50M per Quarter. Then, of course, they mysteriously lowered that to $120M in Revenues: To About $30M per Quarter.
They also gave the impression that there would be No Dilution. While all of their Little Pumpers were swearing Up-n-Down that there would Never Ever Be A Reverse-Split .
BUT WHAT HAPPENED ?
Well... After they sold every available Shr that they had, while Diluting the Crap out of themselves, they then went ahead with a Reverse-Split ... Whoops-A-Daisy ! ... Then they actually went and Increased the amount of Authorized Shrs to draw from, while trying to Trick people into thinking that they were reducing them ... LOL ! ... But some people are not as stupid as they had hoped.
The Pre-Split OS Was 300 Million.
The Equiv Post-Split Diluted OS
Has Now Increased To 450 Million.
The Pre-Split AS Was 500 Million.
The Equivalent Post-Split AS
Has Now Increased To 3.75 Billion.
They Are Now Set-Up For More Dilution And
Another Reverse-Split. It Would Be Wise To
Not Believe A Word That This Company Says.
Or Any Positive Opinions From Those That
Are Trapped, And Just Trying To Get Out.
AND THEN . . .
The First Quarter Revenues were only $13M. That is Less Than Half of what their most recent projections were. And the EPS was at a historical low... Whoops-A-Daisy ! ... And before they hit everybody between the eyes with those devastating results, they actually tried to Trick everyone with a cleverly worded PR about their meaningless improved Biossance Product Sales ... Shame On Them !
This Company obviously relies heavily on the hopeful stupidity of the easily manipulated and inexperienced investor, and the flagrant use of Forward-Looking Statements .
SO WHAT'S NEXT ?
ONE DOLLAR AND TWENTY FIVE CENTS
JMO
AI
