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this is the third unkept date for audit. 3 strikes and your out. Good thing the break through news came out about kenya though...lol
auditors refuse to provide verification of numbers. They wont put their name on it.....Two auditors. problems
without audit they can say anything about revenues, no verification, six months of stringing along sh
look out below, no audit, extreme fluff bs on africa and charitable giving. screw the shareholders, take care of kenya.
sorry, dont have any to sell
behind the scenes at potn, "go on radio, tell them anything, i need to unload more shares, hell tell them an audit by end of march....i need time to dilute, then the house of cards crumble". vacarro
are you saying they are or are not audited? required or not?. They guy i responded to said the results were audited. Their release said nothing about audited.
cvsi released financials, i see nothing about it being audited? potns terms on note are much different for the worse.
for those saying you dont care when audit comes out, is there any date beyond which you lose faith that its coming out, if so when?
you do realize that by your logic, their integrity is already in the toilet by the two previous times they didnt produce it. This isnt the first time, at least the third. Not coming out.
non toxic debt. that company is paying off their loan in cash payments which is there option. If they didnt, the conversion price is based on current share price. POTN cant pay back in cash, and there is a fixed conversion rate of .003. If price went to 100, lender could still buy at .003. also, lender is insider charles vacarro. scam
no audit, no plans to release audit, toxic debt....2.8 million loan being paid back with 500 million.....scam
jigs up on their bullshit, lies and dilution. charles vacarro laughing until he gets the sec letter, maybe already has.
those saying there is no time limit for the audit....tell that to management who keep saying its about to come out on three separate dates then never deliver, all the while diluting millions of shares..
their previous announcements said end of 2017, then end of january, february, now march. They said six months ago that 2015, 2016 were already done.....lies. why not release 2015 and 2016 months ago...liers, diluting
diluting even now, greedy bastards. They go on radio and pimp the audit and still dont produce it.....wow, just wow
if audit not out tomorrow, barran and goulding are collosal idiots.
you are not expendable rambo. good opinion
taking care of the toxic debt would save this company. Without fixing the notes, revenues dont matter as the equity is drained faster then revenues grow. like scooping out water from a boat with a bigger hole in the boat bottem.
where can we see quarterly reports?
My gut says the audit will be out tomorrow morning if it is coming out at all. I just had the vision.
you are wrong, there are actually 2.8 million in notes, not 1.6 million. They increased 1.2 million in 2017......see company financials. Are they really not going to give audit by end of month? That would be unforgivably stupid. Even i suspect they will get it out by then. If not, something is terribly wrong.
end of dec 2017...not
end of january 2018...not
probably before end of march 2018....not
end of march 2018...not
must be busy negotiating toxic debt....not
59,900 dilution sell block
if you are unaware of the toxic debt, you should not be investing. do your dd
no volume, 375k shares traded.
that is all great news for the insider toxic note holder...charles vacarro. Its making him rich and probably getting the attention of sec
the big news finnally dropped.....potn has a corporate video
potns unaudited 2017 results from the company in january said the retirement of shares was "in process". That is right in their financials from january. No confirmation that is done.
g.e. had 129 billion in revenue....slight difference then 30 million of potns high end forecast.
2.8 million note divided by fixed conversion rate of .003 equals almost a billion shares. regardless of when the shares are sold, the shareholders get screwed. They can say negotiating just like they said retiring shares six months ago, nothing done.
if no audit by thursday it means what is in the audit is worse than the fallout of failing to release it. Maybe they dont want to admit the # of outstanding shares
wheres the audit? if not out by thursday there will be problems.
41,000 sell block. Always round numbers for the dilution. .003 per share.
2.8 million divided by .003 equals lots of shares and the raiding of the companys equity. shareholders getting hosed. no two ways about it.
isnt your calculation based on price/revenue, not price/earnings?
where can we expeditiously access any such filings when they come out?
after reverse split, how many shares outstanding? market cap?
what is the process for "retiring" shares. They have been saying that for six months now with no confirmatn its done. like you said, financials released by company still show 567 million or whatever, not counting note dilutions
im seeing people starting to make excuses why audit not out by 31. losing faith?
There will be no audit by the end of month. Even when they said "probably before end of month" that was pump talk. If and when it does come out, the share count will quickly cut the value of shares in half. Any restatements of income or anything else will be devastating. Still no good answer for 2017 salaries, wages and benefits of 87K for their what.... two employees?
And whoever says you put "wages, salaries and benefits" in a different category other than "wages, salaries and benefits" is lying to themselves.
Still concerned of SEC and vacarro.