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We have a $4871 problem, and there will be no way to know the actual sales in Q4.
Why? Glad you asked:
The quarterly reports for the first 9 months of 2023, show sales of $11,888
BUT the Q3 shows $16,759 as the sales through the first 9 months of 2023.
How can this be?
Maxine and Alan continue to file FRAUDULENT financials, which make it impossible to know the real numbers.
What we know is;
Q1 shows $0 revenue
Q2 shows $5944 and YTD of $5944
Q3 shows $5944 and YTD of $16,759
Simple math shows that 0 + 5944 + 5944 = 11,888
What we don’t know is why YTD shows 16759 when the quarterly numbers add up to only 11888?
This means we have a mystery regarding an extra $4871 showing on YTD, which is not substantiated by Q1, Q2, and Q3 totals.
Unaudited financials are unreliable, especially at POSRMX.
Note: Q2 and Q3 sales and Gross Margin numbers are IDENTICAL. What are the chances of that being true?
Most likely, Q2 was overlooked in Q3, and wasn’t changed.
This COULD account for the YTD number not matching up with the Q2 and Q3 numbers.
We have no way of knowing, and since the K will only show annual sales, and not Q4 sales, we will have no way of knowing what the Q4 sales were, with any certainty.
When financials are accurate, you just take the annual sales and subtract the first 9 months sales, to get Q4 sales.
In this case, we don’t know if the Q3 or the Q3 YTD sales are correct, so it’s just the same shit show it’s always been on Saddle Ranch.
Awesome! This company reported negative Gross Margins of 14.5% in Q3, and only a 4.5% Gross Margin through the first 9 months of 2023.
Oh, and an Operating Loss of $810,000 for the same 9 month period.
With numbers like that, and no cash in the bank, how far off can bankruptcy be??
Won’t be long now, until the BSR numbers are proved to be total shit.
I can’t wait!!!
Then again, the financial reports are total shit, so the more shit the merrier!
Won’t be long now, for a HUGE Reverse Split, or Bankruptcy.
In 13 years, POSRMX hasn’t had one good annual report.
In fact, many of the reports they file have been fraudulent.
The numbers don’t add up, and that has added up to a 99% drop in pps since 2-12-21.
Check this out. It shows the leadership can’t add simple and basic numbers, which explains why they’ve never had a successful product either.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174093588
Awesome! This company reported negative Gross Margins of 14.5% in Q3, and only a 4.5% Gross Margin through the first 9 months of 2023.
Oh, and an Operating Loss of $810,000 for the same 9 month period.
With numbers like that, and no cash in the bank, how far off can bankruptcy be??
What happened to this “very useful product”?
https://www.otcmarkets.com/otcapi/company/dns/news/document/41285/content
Oh, right. It was deemed to be a piece of shit by the City Manager who tested it. Awesome!
Gotta love products and revenue that don’t exist!
POSRMX currently has one, 1, uno, product for sale.
That product sucks and has negative Gross Margin.
Gotta love the possibility of BANKRUPTCY coming SOON!
Anyone seen this “very useful product”?
https://www.otcmarkets.com/otcapi/company/dns/news/document/42088/content
Where is this “very useful product”?
https://www.otcmarkets.com/otcapi/company/dns/news/document/67666/content
This company reported negative Gross Margins in Q3, and o my a 4.5% Gross Margin through the first 9 months of 2023.
With numbers like that, and no cash in the bank, how far off can bankruptcy be??
VERIFIED BUYER REVIEWS (VBR) IS 2. POSVOS Estimated Sold on Amazon Since August 2023, is 40.
Using an incredibly low conversion rate of only 5%, units purchased which get a written review, it is likely generous to say 40 have been sold based on the 2 reviews left in the past 6 months.
5% of buyers taking the time to leave reviews is probably applicable to inexpensive and generic products, like a phone charging cord. This is because most people won't take the time, or feel it is of value to post a review that says, "It works". So, maybe 5 out of every 100 buyers will do that.
For a new technology product, that is hundreds of dollars, it is more then reasonable to expect a higher rate of reviews being left, as those buyers are likely to be younger, savvy, understand the power of commenting on products, and want their voices to be heard.
If we use a conversion rate of 10%, still very low, it would mean only 20 POSVOS units were sold on Amazon in the past 6 months, so let's go with 5% in order to not upset the POSRMX bedwetters.
NOTE: In theory, when VBR increases, Dongles are selling. When VBR stays the same for a period of weeks or months, Dongles aren't selling!
VBR Relevance is simple. A higher number equals higher sales, and the actual Review indicates what buyers think. It's no wonder that with reviews like the only 2 left since August 2023, which are not favorable, sales are not good.
This company reported negative Gross Margins in Q3, and o my a 4.5% Gross Margin through the first 9 months of 2023.
With numbers like that, and no cash in the bank, how far off can bankruptcy be??
Fun FACT: POSRMX reported a Gross Margin LOSS of 14.5% in Q3 2023.
The company reported operating at a top line loss during that quarter.
It’s a secret that bag holders don’t want anyone to know, so don’t tell…….
According to their numbers, the cost of sales was more than the actual sales for the 3 month period.
It’s in black and white:
We have a $4871 problem, and there will be no way to know the actual sales in Q4.
Why? Glad you asked:
The quarterly reports for the first 9 months of 2023, show sales of $11,888
BUT the Q3 shows $16,759 as the sales through the first 9 months of 2023.
How can this be?
Maxine and Alan continue to file FRAUDULENT financials, which make it impossible to know the real numbers.
What we know is;
Q1 shows $0 revenue
Q2 shows $5944 and YTD of $5944
Q3 shows $5944 and YTD of $16,759
Simple math shows that 0 + 5944 + 5944 = 11,888
What we don’t know is why YTD shows 16759 when the quarterly numbers add up to only 11888?
This means we have a mystery regarding an extra $4871 showing on YTD, which is not substantiated by Q1, Q2, and Q3 totals.
Unaudited financials are unreliable, especially at POSRMX.
Note: Q2 and Q3 sales and Gross Margin numbers are IDENTICAL. What are the chances of that being true?
Most likely, Q2 was overlooked in Q3, and wasn’t changed.
This COULD account for the YTD number not matching up with the Q2 and Q3 numbers.
We have no way of knowing, and since the K will only show annual sales, and not Q4 sales, we will have no way of knowing what the Q4 sales were, with any certainty.
When financials are accurate, you just take the annual sales and subtract the first 9 months sales, to get Q4 sales.
In this case, we don’t know if the Q3 or the Q3 YTD sales are correct, so it’s just the same shit show it’s always been on Saddle Ranch.
Why aren’t bag holders talking about the fraudulent sales numbers on the Q3 2023, and the incredibly low Gross Margin of only 4.5%, which no business has ever stayed in business with????
Denial and deflection are great, like getting drunk, to not think about the pain, but it’s only temporary and it hurts more when reality is faced.
When you see 🐀 🐍 🙊 🐖 🪳and any other first grade emojis, then you know FACTS rule the day about POSRMX, and no amount of FICTION can change that!!
I love that the emojis bring much more attention to the posts they are shown on.
Q4 numbers coming in next 10 days.
I can’t wait!!!
VERIFIED BUYER REVIEWS (VBR) IS 2. POSVOS Estimated Sold on Amazon Since August 2023, is 40.
Using an incredibly low conversion rate of only 5%, units purchased which get a written review, it is likely generous to say 40 have been sold based on the 2 reviews left in the past 6 months.
5% of buyers taking the time to leave reviews is probably applicable to inexpensive and generic products, like a phone charging cord. This is because most people won't take the time, or feel it is of value to post a review that says, "It works". So, maybe 5 out of every 100 buyers will do that.
For a new technology product, that is hundreds of dollars, it is more then reasonable to expect a higher rate of reviews being left, as those buyers are likely to be younger, savvy, understand the power of commenting on products, and want their voices to be heard.
If we use a conversion rate of 10%, still very low, it would mean only 20 POSVOS units were sold on Amazon in the past 6 months, so let's go with 5% in order to not upset the POSRMX bedwetters.
NOTE: In theory, when VBR increases, Dongles are selling. When VBR stays the same for a period of weeks or months, Dongles aren't selling!
VBR Relevance is simple. A higher number equals higher sales, and the actual Review indicates what buyers think. It's no wonder that with reviews like the only 2 left since August 2023, which are not favorable, sales are not good.
We have a $4871 problem, and there will be no way to know the actual sales in Q4.
Why? Glad you asked:
The quarterly reports for the first 9 months of 2023, show sales of $11,888
BUT the Q3 shows $16,759 as the sales through the first 9 months of 2023.
How can this be?
Maxine and Alan continue to file FRAUDULENT financials, which make it impossible to know the real numbers.
What we know is;
Q1 shows $0 revenue
Q2 shows $5944 and YTD of $5944
Q3 shows $5944 and YTD of $16,759
Simple math shows that 0 + 5944 + 5944 = 11,888
What we don’t know is why YTD shows 16759 when the quarterly numbers add up to only 11888?
This means we have a mystery regarding an extra $4871 showing on YTD, which is not substantiated by Q1, Q2, and Q3 totals.
Unaudited financials are unreliable, especially at POSRMX.
Note: Q2 and Q3 sales and Gross Margin numbers are IDENTICAL. What are the chances of that being true?
Most likely, Q2 was overlooked in Q3, and wasn’t changed.
This COULD account for the YTD number not matching up with the Q2 and Q3 numbers.
We have no way of knowing, and since the K will only show annual sales, and not Q4 sales, we will have no way of knowing what the Q4 sales were, with any certainty.
When financials are accurate, you just take the annual sales and subtract the first 9 months sales, to get Q4 sales.
In this case, we don’t know if the Q3 or the Q3 YTD sales are correct, so it’s just the same shit show it’s always been on Saddle Ranch.
What happened to this product?
https://www.otcmarkets.com/otcapi/company/dns/news/document/41285/content
Oh, right;
Anyone seen this “product”?
https://www.otcmarkets.com/otcapi/company/dns/news/document/42088/content
Where is this “product”?
https://www.otcmarkets.com/otcapi/company/dns/news/document/67666/content
Failures, failures, failures
https://www.otcmarkets.com/stock/SRMX/news
VERIFIED BUYER REVIEWS (VBR) IS 2. POSVOS Estimated Sold on Amazon Since August 2023, is 40.
Using an incredibly low conversion rate of only 5%, units purchased which get a written review, it is likely generous to say 40 have been sold based on the 2 reviews left in the past 6 months.
5% of buyers taking the time to leave reviews is probably applicable to inexpensive and generic products, like a phone charging cord. This is because most people won't take the time, or feel it is of value to post a review that says, "It works". So, maybe 5 out of every 100 buyers will do that.
For a new technology product, that is hundreds of dollars, it is more then reasonable to expect a higher rate of reviews being left, as those buyers are likely to be younger, savvy, understand the power of commenting on products, and want their voices to be heard.
If we use a conversion rate of 10%, still very low, it would mean only 20 POSVOS units were sold on Amazon in the past 6 months, so let's go with 5% in order to not upset the POSRMX bedwetters.
NOTE: In theory, when VBR increases, Dongles are selling. When VBR stays the same for a period of weeks or months, Dongles aren't selling!
VBR Relevance is simple. A higher number equals higher sales, and the actual Review indicates what buyers think. It's no wonder that with reviews like the only 2 left since August 2023, which are not favorable, sales are not good.
We have a $4871 problem, and there will be no way to know the actual sales in Q4.
Why? Glad you asked:
The quarterly reports for the first 9 months of 2023, show sales of $11,888
BUT the Q3 shows $16,759 as the sales through the first 9 months of 2023.
How can this be?
Maxine and Alan continue to file FRAUDULENT financials, which make it impossible to know the real numbers.
What we know is;
Q1 shows $0 revenue
Q2 shows $5944 and YTD of $5944
Q3 shows $5944 and YTD of $16,759
Simple math shows that 0 + 5944 + 5944 = 11,888
What we don’t know is why YTD shows 16759 when the quarterly numbers add up to only 11888?
This means we have a mystery regarding an extra $4871 showing on YTD, which is not substantiated by Q1, Q2, and Q3 totals.
Unaudited financials are unreliable, especially at POSRMX.
Note: Q2 and Q3 sales and Gross Margin numbers are IDENTICAL. What are the chances of that being true?
Most likely, Q2 was overlooked in Q3, and wasn’t changed.
This COULD account for the YTD number not matching up with the Q2 and Q3 numbers.
We have no way of knowing, and since the K will only show annual sales, and not Q4 sales, we will have no way of knowing what the Q4 sales were, with any certainty.
When financials are accurate, you just take the annual sales and subtract the first 9 months sales, to get Q4 sales.
In this case, we don’t know if the Q3 or the Q3 YTD sales are correct, so it’s just the same shit show it’s always been on Saddle Ranch.
11th coefficient 😂 😂 😂 Because the prior 10 coefficient bullshit worked out so well!
The 2023K is going to blow chunks, so bag holders have started the deflect and deny campaign.
It won’t work.
2023 Q2 and Q3 show identical sales and gross margin for each quarter.
How is that possible, when POSVOS sold at different price points in each of those quarters?
The answer is simple; it’s not possible.
What is not only possible, but entirely probable, is Alan and Maxine are so stupid that they didn’t change the Q2 numbers for Q3, rendering the published Q3 as fraudulent.
Then, we have the issue of the Q3 YTD sales and gross margins, through September 30, not adding up to what the Q1, Q2, and Q3 individual sales and gross margins add up to.
Not the first time the financials have shown blatant errors.
These geniuses can’t even report minimal sales accurately. This is an example of why POSRMX is the failure it is, and has been, for 13 years.
It also explains why only 2 products have made it to public sale in 13 years, and further why both products failed miserably.
We have a $4871 problem, and there will be no way to know the actual sales in Q4.
Why? Glad you asked:
The quarterly reports for the first 9 months of 2023, show sales of $11,888
BUT the Q3 shows $16,759 as the sales through the first 9 months of 2023.
How can this be?
Maxine and Alan continue to file FRAUDULENT financials, which make it impossible to know the real numbers.
What we know is;
Q1 shows $0 revenue
Q2 shows $5944 and YTD of $5944
Q3 shows $5944 and YTD of $16,759
Simple math shows that 0 + 5944 + 5944 = 11,888
What we don’t know is why YTD shows 16759 when the quarterly numbers add up to only 11888?
This means we have a mystery regarding an extra $4871 showing on YTD, which is not substantiated by Q1, Q2, and Q3 totals.
Unaudited financials are unreliable, especially at POSRMX.
Note: Q2 and Q3 sales and Gross Margin numbers are IDENTICAL. What are the chances of that being true?
Most likely, Q2 was overlooked in Q3, and wasn’t changed.
This COULD account for the YTD number not matching up with the Q2 and Q3 numbers.
We have no way of knowing, and since the K will only show annual sales, and not Q4 sales, we will have no way of knowing what the Q4 sales were, with any certainty.
When financials are accurate, you just take the annual sales and subtract the first 9 months sales, to get Q4 sales.
In this case, we don’t know if the Q3 or the Q3 YTD sales are correct, so it’s just the same shit show it’s always been on Saddle Ranch.
With all of the pumping going on, one would think POSRMX operates gas stations……..
Too bad all they operate is pumping.
Which will happen first———> Bankruptcy, or a HUGE reverse split?
Speaking of splits, that’s what Jerome and Wen-Shone did………