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The constant pump leaves a bad taste in investors mind, in addition draws attention to the shorters, yes it did get them out of trips but without actual audited financials I don't see this going anywhere IMO. Doesn't help that he said he hasn't seen any disruptions in the supply chain when paint has gone up over 30% in the past twelve months and over 42% in the last 2 years and their is a significant paint shortage as well affecting the entire industry.
You pay to promote your business
Its a paid subscription
The OTC Markets indicates 12 employees
You must be in deep here, sorry cause this is garbage.
The interesting change in control is Justin Costello back in charge, LOL
You have zero proof of that, in addition, he talked of further delays on a stock dividend, you have no idea if there is even going to be one.
Did he discuss the paint shortage?
You have every right to be skeptical as am I, they issued over 500,000,000 shares for consulting purposes in the past 5 months, Stu got an additional 200,000,000 shares himself, they borrowed over $500,000 in the past 5 months from personal loans but there are going to be buying back shares? You have every right to be skeptical. But one of the most glaring issues that people don't even know is there is a paint shortage, supply chains for the past year have been greatly hampered by demand during Covid then the transportation line from Asia has become ridiculous with massive delays. There are many components to making paint that require supply from many different segments, Both PPG and Sherwin Williams saw their revenues declined because of increasing costs and long delays getting materials, they are the two largest paint suppliers we have. But we supposedly have this Company here who has had no issues getting supply, in fact seeing unbelievable growth without naming their customers, to be skeptical of their statements is very valid and actually IMO not believable.
With all due respect, you and I both know that's a pile of lies, who's doing the billing, paying invoices how's he paying for the employees doing the teleconference calls, the CFO's, although he's on his third in the last 6 months, thats a red flag.
Would love to see audited financials, find it hard to believe that in 3 months your payroll is $6,950.00, don't you have employees? At minimum you have to pay a CFO, what are you paying him/her $2316.00/month? I thought there were several employees? Also since 12/1 he's gotten over $500,000 in personal loans, that just seems strange as well, if they're doing so well why the need for personal loans, especially when you have $229,000 in the bank. Just asking
Has zero to do with this stock, move along to a different thread many others to discuss your mortgage rates
Take to another board please
I agree that this technology is valid but there is a lot of competition and the big boys control the marketshare of the business. Unkept promises and lies from the CEO has hurt the credibility of the company , in addition to MM's shorting the stock let alone the whole OTC its tough to make any move.
The two new owners, one is a convicted drug smuggler did 9 years, the other guy was a big time drug dealer who did time as well, Perlowin/Steinberg Marijuana Inc.
Do some DD on the guy thats supposedly coming in, its not good.
If you were listening on the conference calls you would be aware of the fact that Mr Burchill said they would be selling shares to raise capital.
I'm telling you guys OTCX is still sitting there, no one believes me but its not going anywhere til he's gone, just keeps reloading. If I'm not mistaken I believe his ex wife has a lot of shares and she may be selling as well, just speculation but its being diluted.
OTCX has been sitting on the ask for 7 straight days
Thats false, Stu said he was going to dilute to to get money to be able to pay for the supposed new business.
OTCX has been there all week diluting
I don't understand why people just ignore what you're saying and posting, its the only logical post on the board, they have a DE problem, this happened before TDS was ever involved.
The fact remains its being diluted and no free shares/dividends (which is basically dilution as well) and no audited financials or names of any customer sales to confirm.
Diluting your stock daily by OTCX missed stock dividend deadlines, no audited financials, just throwing numbers around like a drunken sailor isn't cutting it.
The MM OTCX is known to dilute shares for the company
Stock can't move when OTCX is sitting there diluting
Yep OTCX is a diluter
The shell has issues with DE thats what I'm saying, can't explain it any better than what is written there.
I'm talking about the shell, its got issues with DE
Sounds to me like TDS was telling the truth
In addition, the supply chain to get product right now is brutal, freight rates are through the roof, the cost to buy materials has skyrocketed and leadtimes are atrocious, when he asked about these questions he said he's having no issues, that in itself is someone who is living under a rock and is a huge red flag IMO.
Have you ever seen audited financials, no never, he can't even tell us who his sales are with what company. His house got foreclosed on him, he and his wife got divorced, don't you do any DD? Yes, he's recently diluted so has some money but owed a lot of people money and finally paid them back, but IMO, these sales are all fictional, the guy has been flat broke for a while, been promoting this to dilute and get himself out of debt after his divorce and foreclosoure is now behind him.
In addition, this stock has been a flippers dream, goes up goes down
Thats what I would assume as well, Stu does not have that kind of money to buy back shares.
My one issue is that Ben has been asked several times about the issues with DE and he hasn't answered anything yet, been avoiding the question while responding to a few other questions, that doesn't sit right with me.
That pretty much explains everything
Honestly the only way to tell find the truth is with audited financials, I don't believe you'll see those.
Same here, he threw around numbers just to throw anything out there, there are real issues out there currently in the supply chain affecting almost every facet of business and he didn't acknowledge a bit of it and almost seemed clueless to it all. Another thing is CFO's leaving as well, its a revolving door, he has absolutely no idea what he's talking about, it was a complete embarrassment as far as I'm concerned.
Exactly, why wouldn't he be able to tell where the paint is manufactured, what's so hard or secretive about that, let alone where his 3 million in sales came from, digging himself a deeper hole.
I asked questions, one, where is the paint being manufactured, he would not answer, two, who's the customer for the railroad customer, claims he couldn't answer, three, who's the customers with all of the sales for the first quarter, would not answer, claims he cannot. I asked about supply issues in regards to getting labels and cans to supply for the paint, he says he gets within 3 days to 3 weeks, FALSE, leadtimes on labels are minimum two-three months and only if you had allocation from the previous year, which he does not, so that's not true, the cans are also on longer leadtimes, I know that because that's my industry. In Europe, energy costs have gone up 40% and higher, all of these costs are being passed on, the costs of all goods will be going up, supply chains have been hugely disrupted by the war, rail strike in Canada, ports still all backed up, steamship costs have exploded and Asian nations aren't even shipping many containers because it costs too much to deliver. He also said no audited financials for at least two months because they currently are too busy, there won't be any audited financials ever. In my opinion, that presentation was a complete farse, no hard facts, no irrelevant information whatsoever, this has been a complete pump to inflate share price for him to dilute pay back loans.