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Re: freebies post# 78

Sunday, 11/19/2017 2:24:17 AM

Sunday, November 19, 2017 2:24:17 AM

Post# of 182
I bought some Friday .. there are def red flags here .. but I think this will go much higher before crash

Read 10Q ... red flags are the millions they spent on thst stupid online teaching company . Probably a front to give money to ex ceo

Also last q .. around 18M came from one customer in Australia and they say it is not sustainable

So, now for good news ... they breakeven is around $18M rev a quarter or about $70M a year .. and guiding around $30M plus .. they will be are guiding biz is strong well into 2018 ..

Also, their balance sheet has about $2.5 in AR and prepaid expenses with only 20 cents a share debt !

Their sofa design .. diamond brand is loved and should be in sweet spot world wide

But, most important is how this new ceo executes .. so far seems good



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