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No arguement. And time will tell us if they can close them. But back to the original remarks I made, BRAV needs to slow things down and let this grow without a
I am not ready to average down anymore yet. Kind of taking a wait and see. Already lowered my costs twice...lol
Anybody who has ever advertised on the internet knows organic ads move up by number of times requested AND by number of sites linked to yours. A good company can get your website linked to thousands of other sites without much effort thus moving up your company in the listings.
Add to that over 300 boardmarks here and the number of times we type it intop search engines it isn't that hard to believe their listing wasn't manipulated.
I know that, my point being why promote it like it happened from high interest in your company when this can, and probably was, paid for. Can't help but question this.
Personal attack now? Come on you are better than that. I said you win cause my head hurts from beating it against this wall. So much for an open discussion, huh? So why the dilution oh wise one? Got a chart for that?
Thanks for the caps, buddy!
Cheaper shares is the last thing I want, seems I overpaid for the ones I got.
lol. Exactly.
LMAO, no I dont believe it for a minute. Never said that.
FYI, I believe you can pay to be on page 1 of google search engines. FWIW.
Nice graphs but pretty graphs don't make a solid business. And numbers get misrepresented all the time. Anyone remember Enron...lol.
I give. LOL. Somehow I lapped you in our discussion but I fold. To each his own. This is still stinky pinkyland and I will remain cautious in the face of dilution. Time will tell.
I hope they have found a way to grow their business, open up 15 new retail stores, increase internet sales and raise their profit margins without tying any cash up in additional inventories.
Boy oh boy we are all going to be rich!
Agreed. Dilution did. And thats my point. It needs to stop so pps can grow with the business. He should try to grow it from profits he will get from holiday season sales and not through dilution. He is rushing things imo and should be more patient.
Just my opinion which I am taking a beating for...lol
You are reading the graph wrong in regards to inventory because your graph doesnt reflect inventory costs. There's the problem. When COGS go down, gross profit margins go up which is why COGS is used to determine gross margins.
Lets say my buying of widgets is currently $10K a month to support $20k in sales. So I buy a $100k and lower my costs per widget by 20%. Thats a good thing unless my sales remain flat at $20k a month. Now I am maintaining an additional $90k in inventory with no increase in sales to offset this. My "COGS" dropped 20% but now I have all of this money tied up in inventory thus impacting my "Cashflow" negatively. Looks good on paper but I won't stay in business very long.
Because it appears the dilution happened in conjunction with the orchestrated release of information. As long as he stops we will be fine but yesterday sure makes it look like he isn't done.
Welcome to pinkyland.....
More buying power will help you negotiate better pricing from your suppliers and inhouse manufacturing will save them on their costs as it eliminates the profit margins their suppliers are getting. So it is a good plan but hasnt happened yet. Kind of putting the cart ahead of the horse here.
LOL, do you remember the build up to the high with leaks of financials posted AH, then a CC, and then news premarket? Then dilution at open. Hasn't been the same since has it? LOL, it looks to me like it was all orchestrated for their funders. Hope I am wrong....
I am on your side here.
LMAO. Inventory is only used in the calculation of COGS! Which is used to determine profit margins. That is why you have a beginning inventory and an ending inventory in the equation. Subtract ending from beginning and you get cost of good sold, NOT INVENTORY VALUE!
Any putz knows money tied up in inventory effects cash flow. Get it, cash flow.
Wrong. Restaurant payroll is a variable cost, which managed properly falls within a desired percentage of sales. So should go up and down with sales. As for restaurant inventory, it is also managed at a percentage of sales and based upon menu. No way this inventory comes close to the upfront inventory investment needed to open a retail store.
Seriously? COGS means "costs of goods sold" which is used to compute profit margins. How much did it "cost" for each dollar of revenue. The difference is profit. Nothing to do with cost of inventory.
You have to have inventory to put in new stores and you have to have inventory to quickly turn new orders online if you want happy customers. Right now he is a start up with a base of operation that has had some success in their product launch. Don't confuse profit margins with the expenses of huge inventory increases to accomodate new stores and higher internet sales.
or a sign from Rico that there is still life at Expert....lol
Very out of character of him to not include news with his dilution.....
But retail stores have significantly higher overhead than restaurants. Primarily inventory.
TAKI is right, this bozo is trying to grow to fast and looks like he is doing it on our backs. He should have been happy with current growth this year and waited for the internet sales over the upcoming holiday season to help finance new stores next year instead of dilution now on the very shareholders who have supported them.
And doubling revenues is worthless if your expenses quadruple. Profit is what counts.
"Franchising is the practice of using another firm's successful business model"
To soon to know if this is a successful enough to franchise....
Yes it would. Mineseeker has a very noble cause and if they ever get it really rolling it will be a world changer. (regardless of what it trades at!)
I agree.
Looks like Rico has completely killed all interest with investors. Might need an act of God to bust through that wall at .0004. (provided it doesn't lose the 3's first)
New all time low now .006.
Unfreakinbelievable.
Is it true Rico can't raise the A/S within 45 days of last increase?
EXPU 4's up and getting hit.
Looks like Nite has reloaded 3's.
Any TDA users having trouble with BRAV level 2 today?
I agree. And all these .0003's on ask seem to be retail selling their unexpected .0002 buys yesterday. These fall we may actually see 4's today. IMO. Unless A/S gets raised.
FYI, .0003's filling immediately on EXPU
And we still should see his financials filed as they are due any day. Indications are a slight increase in revs expexted. But who knows with that POS Rico....
I suspect there will be a huge wall at .0003 and .0004 to get through before any mini run (if Rico leaves things alone). Got to work through sellers of those shares picked up at .0002 yesterday and .0003 the rest of the week. IMO.
That's not how these pinky funders work. They get their shares from CEO dilution at a discount, usually half the value of current trading price. They then trickle them in for doubles, or as high as they can get then once the market stops buying them they dump all killing price but getting their profits anyway. You saw this yesterday and last Friday here.
I've been there saying that about Rico as well. So you think EXPU is back in play for now?
Because he can reverse split it and worry about share value then. Or at least until he needs cash again. Sad. I really thought he would let it go up significantly before he maxed the O/S. Last Friday surprised me. Even more surprised the way it went today.
Shame on you Rico!
Yeppers. At least according to TDA.
89M shares were left. If he sold them for .00015 to his funder he only got $13,350. How pathetic does this make him? Even worse he isn't even throwing bones to his investors. Pitiful put typical of Rico.
Yes, sweet close. Pretty solid all afternoon.
Looks like you hit it right on the head with this post. Now the question is will he let it breathe a bit and recover from this or will he raise the A/S and pound it to .0001.