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I gathered that after my post. The 0.051 had me thinking it was an index in the reports.
What is .051? Didn’t spend a lot of time but didn’t see it in the filings. Donnelly is the guy who “testified” we would have 200k users, what two years ago. He should have been fired for making that statement IMO. Now he’s running the company and picked up $2000 in revenue. The mistake that was made was abandoning the automotive tech for a high school science project. The expertise was automotive, Thanks DK. Smart move. Vernon must be rolling over. Now they are taking PPP money and sending it to Canada.
Re-read Fades post.....
I wonder how you sleep at night knowing you stiffed a company out of 1.7 million dollars?
I heard the story about him going for a smoke and never coming back also.
I guess I was wrong. I thought Jim was involved in hiring him. Pretty sure he stepped down from day to day operations when he got sick. I’m sure your right. I was just going from memory.
Artguy, Kaplan came in before Jim passed away.
That’s not just for the CFO, they are outsourcing the internal accounting functions.
Anyone think that the market makers need to buy shares to cover? I remember Torvecian saying that Knight had a shortfall on their balance sheet.
Favors to TG?
Carlyle knew and told us on his way out. I have a relative who was an engineer at GM. He told me many years ago that the IVT couldn’t increase the mileage they claimed. Dodge is dumb right?
Some guys are going to be gone before they use up that capital loss.....
Strictly a move to save money. They won’t replace her. Everything I personally heard about her was very positive.
Your friend always
Actually it makes perfect sense.....
They can’t afford her. Why would you use you PPP money to pay employees? Just outsource.
Guess the PPP money isn’t being used to keep people on the payroll.
Point taken....
"I find it hard to believe that a company owed by a billionaire took a PPP loan. I bet they gave it back. No way TG wants it out that he took a PPP loan."
What was stupid about this statement?
https://www.nbcnews.com/business/business-news/which-companies-are-returning-their-ppp-loan-here-s-list-n1194566
https://www.forbes.com/sites/sarahhansen/2020/05/18/today-is-the-last-day-to-give-back-ppp-loans/#4507c53ff0fd
He takes legitimate tax deductions? Wow eye opening. As opposed to what, taking non-legit deductions? The PPP loan program wasn't set up for billionaires. That's why there are limits on the number of employees you can have.. etc. With all the great things TG has done for Rochester and Naples Florida no one should care.
Stockholders and people who like to p*$$ you off.
I find it hard to believe that a company owed by a billionaire took a PPP loan. I bet they gave it back. No way TG wants it out that he took a PPP loan.
Good luck boys. I'm out. See Ya!
Naked shorts covering
Problem IMO was we never had anything. David Carlyle new it and said as much in his resignation letter. Anyone know what happened to Oakie? We haven’t seen a short report in a long time.
Is this nightmare over yet?
I disagree. It doesn’t suck. It blows.
Doesn’t matter. The could be paying $5000 a month and it wouldn’t put a dent in the deficit.
Great review from a guy named Jonny Strongarm. That seems legit...... Millions and millions lost. Thanks Jim.
Good to hear from you Torvecian. We should have invested in Whoop.
I think the stock price has answered the question since apparently Donnelly is not following thru on this updates...........
BTW this is not off topic. Whoop is a sleep monitoring device.
Whoop is light years ahead of CurAegis it appears. They actually seem to have a useful product.
"Nick Watney was the first player to test positive, on Friday at the RBC Heritage. Watney, who had tested negative three days earlier, asked to be tested again when his Whoop wristband - which measures various health metrics - showed an increase in his respiratory rate.
Justin Thomas, who also wears the wristband, said the tour has acquired Whoop straps for players and caddies.
''It's crazy to say, but (without) his Whoop device we could have been screwed right now because he could have played the rest of the week and ended up contaminating or infecting many other people,'' Thomas said Wednesday.
Will Ahmed, the CEO and founder of Whoop, said the tour has acquired more than 1,000 of the straps and that the company was working to integrate the straps with ''everyone in the PGA Tour universe."
whoop strap is now detecting COVID as well as monitoring sleep and other issues. Do we even have a product?
Can't be too bright if he took a job with this company....
Never given a crap about us from day one.
Donnelly, thanks for the updates, You fit right in. Dino this is great, right?
Took me a minute but I get it. If he never admitted his 200k user failure why would he say anything now? Dino are you back to the side that sees the reality of the situation? If Sonny can be duped, we can too. What did Ottter say to Blutto... “You F—-ed up, you trusted us”
Hes funding it until the pump is sold. Then they will repay themselves their loans. Shareholders will get nothing
He’s funding his previous commitment.
Dino, any opinion on the current stake of affairs?
Start up entity....same BS for the last 20 years
Sure? lmao
Can you erase a 92 Million deficit with THIS app?