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Re: GangstaRIB post# 38453

Thursday, 11/16/2017 9:26:38 AM

Thursday, November 16, 2017 9:26:38 AM

Post# of 65771
Having a financial background alone is not enough. Experience is needed in getting the financing with an understanding of the impact. Doing financials is nothing more than presenting numbers in an orderly account of the results which must be done with accounting standards in place and easily understood. Any company should have no problem to find someone qualified for this. However, this is where a CFO works directly with CEO and helps chart the future as in acquisitions along with financing. The continued toxic financing after managements word late last year to end this has had a material effect on shareholders in a devastating way with no end in sight.

Putting it bluntly we have had Lori make numerous buys(3) only to see the PPS drop from $1.16 to .51 from about 2 months ago. Then on the 9th of Nov. at .55 to .51 Management buys are notoriously very positive yet here the 1st buy has dropped 50% and currently needs over 100% increase to break even. AS I have state numerous times we are not QX compliant and until changes happen as shareholders we can expect the same results.

We all know that Q4 will probably be incrementally down IMO 7-10% from Q3 but we should still come in at around $2.9 Mil. Q4 is and will be the slowest Q every year. Get some numbers out and "real" PR's out and stop wasting money on a PR firm that is absolutely worthless. Instead use this money for $5K a month buyback. As a management group what have you achieved spending this $25k? Clue? Or better yet money to become compliant. Then spend another $250 yes $250 dollars and announce your up list QX application. So fricken simple and yet management is so lost!