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Assume someone take Leon's offering and buys 7,000,000,000 shares at $0,0012/share or $8,400,000.
If Leon then turns on and pays his debts, what would then be the market value of GRST.
Assuming $8,000,000 revenue per year to start with NO MORE DEBT to talk about, what would then be a realistic multiplier applicable and what would then be the market value of GRST?
Assuming 10,000,000,000 O/S and a multiplier of 2 times revenues the new pps would become $0.0016 (capitalisation of $16,000,000) and our investor would suddenly have 7,000,000,000 shares worth $11,200,000 or an immediate gain of 33%.
That iis a totally imagined scenario but why would it be less possible than the disaster our infamous analyst sees in his tea leaves.
30,000 shares ... you mean a 15 or 18 $$$ buy?. Those paying you to do the job you do in here obviously do not pay much (LOL)
'quit complaining when someone else posting the facts from the press releases and filings'
Not complaining relative to postic the facts issued by the company, just their subjective interpretation by someone having a secret agenda
Due diligence is not only QUOTING official historical information, it also involves finding out information not officially published by the company. If one does't find it, all he does is SUBJECTIVELY INTERPRET past data supporting whatever pre-defined prejudice or objectives.
Trying to look smart projecting outcome of a sub-sub-sub-penny stock on OTC is as crazy as Trying to predict the next card that will be pulled out of a deck of cards more tha half full.
This could be (who knows?) a bullet Leon keeps in his gun for when (or if?) some issues do get resolved before cleaning up the debts that keeps the market value lower than justifyable wwwithout such a debt. (see my post 48153).
As per your infamous analysises, all Leon's creditor are outright stupid and do not care if Leon suddenly decided to declare bancrupcy letting them lose whatever they have at play.
You sound like an infamous politicians that keeps saying he 'did nothing wrong'. What I keep telling you is that you are right quoting historic data as reported by the company (you call that DD) and are generally wrong (for as much as we all know) predicting Leon's and his creditors soon to be made moves. I also have the honesty to also admit you may end up having been right since none of us knows when and how this thing will evolve.
As for you, you never even can imagine a possible positive outcome, blinded by your (unexplained) rage and frustration. That's why, even if you could be right, your credibility is nil.
False posts not, you are right but as you keep saying you only quote historic fact copied from past filings.
However predictions such as 'up-list narrative will come. With it the reverse split', are may be not outright lies but certainly unfunded vivious predictions ... not much better than outright lies.
Nice to see the part of the story our infamous analyst never refer to. We shall see whose forecasting will having been right in the future. Till then no one really knows what Leon is up to. This being said till further notice (notwithstanding our infamous analyst predictions) Leon is still having the company live and kicking.
Hard to believe you can question the credibility of anyone else after having predicted disasters that never happenned for a couple of years. Notwithstanding all your posting, the company is still operating, reporting and implementing steps toward coming out of the mess they started with ... with possibly getting the situation repaired ... or not.
Honestly your credibility is close to 0 even you you may be right later but also having been full of it for years ... God knows why?
' get back to selling shares' ... Gradually setting up for going back to your 'dillution' argument.
We shall see t you know as uch as all of us. You however love to imagine negative scenaios created out of your imagination and dreams without any justification but your wishful vision of the future.
Let me be clear ... You may be right and you may also be totally wrong ... you know as much as us all about what's comming ... or not ???
Nice to see that YOU CONSIDER THAT TO ALSO BE a day trading toy some wants to play with.
- Trading toy: Why not?
- Risky bet: For sure
- Investment: Not yet (if ever)
First notwithstanding your pretention we do not know what Leon is working on (another of your unsupported affirmation).
Nice that you believe in the regulation ''A'' offering (shares at $0,0012). I already said that this COULD (I do not pretend to know as you would) be used to completely change the picture of the company (Post 48153).
Once more, notwithstanding your unexplained anger, this to me is an interesting RISKY BET that may turn out to have been a great investment.
First, thank ou for putting this on the board.
My comments.
The essence of her message is that they continue ‘developing’ products in view of ‘adding boxes on additional shelves’ as the only revenue generator strategy’
As she did 4 years ago, looking at an objective of revenue of $5 billions within 5 years, she still dreams looking at a market of $50 to $85 billions but doesn’t understand that to obtain her fair share of it she will have to invest in telling these markets that we exist and what we offer. Instead of trying to increase revenues by investing in marketing (she most likely consider useless expense), she looks at cutting expenses to increase margins.
Looking ahead, she goes back to product: ‘We believe that becoming the first non-dairy and non-soy FDA approved infant formula will be transformational for valuation of the company’. That may attract multinational interested in buying the company but if she is to keep rejecting these offers believing that customers will miraculously find out about our products and their benefits, without investing in communicating with them. she will fail miserably. The way it is going, she may become one of the next historical failure because of a belief that having a superior offering is the only success factor.
BOTTOM LINE
Revenues in the second quarter was $2.4 million, a 3% year-over-year growth versus the second quarter of '22. She however find excuses to explain such a disaster instead of trying to figure out what she is doing wrong.
QUESTION PERIOD
Once again, it is obvious they made both the questions and the answers. There also, she refuses to be challenged in her belief that ‘product’ is the only important Critical Success Factor’.
'It would certainly make no difference because the information that I post represents facts supported by the words of the company.'
Sounds to me that you say the company reports exactly what the situation was, even if it is often doe with some days delays.
Also sound to me that all you know (as us all) is historic data, not having a clue what Leon is working toward (as us all).
The difference however is you PRETEND KNOWING that this is a failure in the making whereas most of us are REASTICALLY UNDERSTAND THAT OUR MONEY IN THIS IS AT RISK.
Not much to refute, he just quote historic data filed by the company. The rest his an expression of his uninformed wishful thinking.
All I can offer, as everyone in here is that the company is alive, it regularly quaterly report (did not say timely) and it's doing business notwithstanding its liabilities.
Your post are continuous bashing picking and interpreting selected historic facts we all know as do monday morning self defined sport analysts.
As for my 'promotional case' if
-saying this is a bet considering what the company does (business, reporting, successfully negociating with creditors, ...)
and
- saying it present risk of failure if the debt issue stop improving
Then that fine with me. I get use to your misreading of whatever does not fit your theories based on historic fact.
At least I have the honestly to consider both possible outcome whereas you PRETEND to know that there is only one possible.
0,55 CAD
-0,11 (16,67 %) ... One hour after market opening. What will it take for her to wake up from a dream becoming a nightmare?
UNless the woman walk on her ego and figure out that adding shelves is not a solution by itself she will fail miserably ... and we will lose a fantastic opportunity caused by incompe
''2Q23 total revenues were $2.4M, a 3% increase versus $2.3M in 2Q22. ...As of 2Q23, Else products were listed in nearly 13,000 stores in North America, compared with 3,000 stores in 2Q22.''
That means thatrevenues/store dropped to $185 (24M on 13k) from $765 (2,3M on 3K).
What will it take for the woman to figure out that she badly need help in generating business at both the top of the company and on the BOD. Will she ever understand that developping good product is ONLY ONE ASPECT OF HER BUSINESS and that this CSF all by itself CANNOT bring the success she was dreaming of.
I once again will reduce my position some more and will buy back in if our CEO stop being an incompetent stuborn dreamer gradually heading to failure or selling out the company?
'I always thought' ...
You always 'THINK NOT KNOWING'. That's been my point all along.
'characterize "shitty people" as those who pump a stock they own simply because they need an exit' is somewhat right so are those sisparaging a stock (they presumably do not own) because they are paid to do so or just frustrated by whaqtever they went true.
Pumping and disparaging right now is wrong and there are two unique possibilities for anyone in here (or looking at this):
- Sell (or stay aeay) and forget about it altogether
- Stay and wait to see accepting the risk (risk implying loss or win)
Keeping posting in here pretending having no skin in the GAME and not knowing more than anyone else is ridiculous, useless and outright demonstrating anger and frustration God only knowing why ???
Not 'complants aout ANOTHER'S posts' just yours made out of frustration and anger (or for money ???) trying to make believe more than anyone.
No bragging ... Just accepting that this is a risky bet considering we (you included) do not know what Leon's plan is.
Here goes ousmart analyst doing his bias look at what has been going on, not having a clue where Leon plans to do. 'Regulation 'A' offering is effectively ONE OF the card he can play but I doubt he would do it just to 'operate after the loss of the canadian property'.
As I said before, NOONE KNOWS what Leon is up to and someone being very affirmative that he knows is either a frustrated liar or worse.
You sound like those people calling on radio open line to discuss sport. Whatever the team, they talk like they know better than anyone, generally expressing themselves as monday morning visionnary of the past (???). They keep making analysises of the past games or imagining impossible trade trying to look smart when they effectively only themselves look as frustrated incompetent observers judging those qualified to make decisions involving future. What a pitty.
You really have no life.
''160 million shares traded in two days going into the hands of the uniformed''
There again you assume something then start to believe it and post it as a fact. You should keep posting historic data issued by the company. At least as a monday morning coach you can play smart and project on your own base.
Tst! Tst! Tsut! stay calm and breed from the nose.
Getting even less frustrated reading comments defining you as you are i.e. someone who can read finacials reporting what the situation in the past
That's only worth $1,200 ... Doesn't take much for you to have fun ...
160,000,000 shares traded at 5+ means $80,000+ betted (or invested ???) in 5 trades or $16,000 per trade on average.
I don't know but to me that signals something different than usual trading volumes we've seen here for a while is going on.
Obviously you only see the activity by 5 or less (may be 1) exhausted and a bit flummoxed trader(s). Once more you interpret what you read trying to support a theory of yours that doesn't make sence. At least when you quote historic data you are right but looking ahead you know as much as (or less) any of us in here but pretend to know better than us.
The only ones having no idea what they are talking about are those being affirmative that this is going no where or others claiming they are sure that this will become a great investment with huge returns.
Those having any smarts do understand the situation, do accept the RISK to either 'lose their bet'' or 'make a great return' whenever the full story unfolds.
At least you say it's only your opinion ... whenever you do not quote histic data issued by the company.
' I have been absolutely correct for nearly two years'
You even seem to believe it.
Your tone seems to have changed. Now you seem both frustrated and angry ... Tut! Tut! Tut! not nice.
I totally agree.
Maybe after all my post 48153 wasn't that far from what could be going on.
If by miracle the debt was to just go away, capitalization would become around $64,000,000 using a conservative multiplier of 12 (and a revenue of $8,000,000
Assume that Leon could convince his creditors to erase the debt in return for up to 7,000,000,000 new shares.
Then the credtors would have an immediate $45,000,000 asset (7,000,000,000 shares worth12 x $8,000,000 divided by 10,000,000,000 O/S) to replace their loans and ongoing exposure to a total loss or almost if Leon shut down over night or declare bancrupcy.
'failed miserably in your attempts to define me. ... I assume you skipped the end when I put '...' so I do not write somethin unacceptable on our board.
As for 'bailed out' once more you cannot differenciate between your dreams and reality. I did not sell a single share.
You are so borring ... I said what I had to say, was honest relative to my view on the company and having a life I shall be a lot less active in here.
If you are not paid then you are an absolute moron or a frustrated loser who lost a lot in the old days of that business.
Enjoy you posting (but I shall stop helping you making more money) and of 2 things one, Leon will succeed in what it is he is working on or he will not. In any case I (as many here in) take a chance considering the positives (I mentionned multiple time already) and I have the honesty to define this as what it is instead of as I would like it to be like you do.
You may be a great historian but for the rest ...
'more debt and a built out treatment center with known income that doesn't cover the bills'
I assume you believe those financing the debt are so stupid, they keep adding to Leon's debt even if that is killing the business all together?
According to your exrtise, Leon is so smart that his creditors keep either giving him more money or increasing the debt by shylock type interest rates ???
Are these lenders so stupid that they try to kill the chicken they get golden eggs from or is GRST worth enough for them to keep increasing the value of the loans without concern?
I know it would be hard for to imagine it but, coulld it be that they all (including Leon) smart enoug to effectively create something that will be worth owning? After all maybe you are not the only smart person in here and maybe (just maybe) these people are not stupid?
This being said, this is currently a high risk, high potential bet and non of us yet have any knowledge of what will happen.