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2020 vs 2021
Revenue 63,321 vs 560,334
Profit 9,290 vs 110,926
Operating expenses 392,762 vs 2,600,954
Net income
1,975,276 vs (loss)$(35,904,918)
How this stock didn't drop from $.05 to $0.001 already is staggering.
Typical CEO saying sales are up 600%, but not that operating expenses dwarf everything.
Will need to grow sales 50x what they have now to turn the ship away from more toxic debt. Sorry Steve, I pulled the Shute. Good luck. I'll be back if net Q shows massive growth and flattened operating expenses.
He's doing great. No his fault the stock accidentally over shot. If it was slow and steady, not one would be complaining. Complaints come because people missed the first run, and now can't deal with buying in on the drop, and not knowing where the bottom is.
don't get me started there. funds cleared 24hrs after xmet took off. missed a quick 10 bagger there.
none of those matter in scamland otc.
Thin on the 6's. who knows. i'm hoping for the best
Massive descending triangle. would love to say it breaks up, but if that Q didn't make it through, than its going to drop. My prediction is a gap fill at .01 (yes .01). Company is just way too over valued and debt heavy.
would be nice, but the O/S is increasing so unless there is more buying than dilution, the PPS will continue to decrease. 5's have been strong but each time you touch a support line, it gets weaker. GL.
feel for you. Some people like me seem to change their game plan as the hype grows. To win here, you have to be robotic. Hype doesn't matter, take profits and move on period.
don't average up either. i had a 10 bagger at .003 and still managed to barely break even because of hype. even after 20 years of getting burned in pennies. some people get too emotionally tied to this crap.
I would say that there must be much more from the Q to discuss. Cash flow, liabilities. Hiring a massive sales team and increasing sales is one thing, but not if the team is costing more than profits. I think this one needs another Quarter and way higher sales.
Q1 results are out, nearly up 800% in sales.
Morning. Are we at $0.30 yet?
it's not dead IMO
nah. This is my only Lotto play, and likely my last. I'm doing much better with big tickers. Slow and steady.
just watched the weekly update on twitter. he said Q on or before the 15th. Still time to add imo.
no prob. i believe he had the draft last week and tweeted that he was aiming for the 9th. but i'm guessing Monday. And a positive one that lets us run back to $.10 to $.12
Q1 out on Monday i guess?
Wake me up when we are at $.30 please. I can't handle anymore losses this year.
Good points. And we are certainly riding the bottom right now. Triple bottom at .05 plus a massive descending triangle. Descending triangle usually bearish pattern, but with a positive 10Q we can have a really nice rally imo.
This will be a monumental Q if I'm reading what the company keeps posting on twitter. Where are the buys?
I'll take my trading decisions on the chin, but that post personally cost me a few thousand $ as I added. but again. no ones fault but mine.
Dilution is killing this stock
could be part of the negotiations. he says that is the likely outcome. It's like playing chicken with the note holders. either way i'm back to square 1 here. still above my ave but zero profits :(
Good point. Why ask for that extension if he was going to give up. Note holders will end up with nothing. I hope they settle for something that works for all parties.
I'm not an expert on the company. I tried to play it on the charts, but now got sucked in. 60 units, 1.5M sales.
anyone excited to see the Q1 numbers? surprised there is no chatter on the subject.
well said. And honestly, any OTC play should be considered 100% gambling and not investing. I let it ride because it is outside of my retirement plan. Yes, i'm pissed that greed stole about 40K in profits that would have went to my parents retirement. But i'll get it on the next one!!
you've posted a lot on the subject which makes you an easy target. This is out of everyone's hands. Unlucky, but most should have taken profit along the way. Good luck on the next one.
100% accurate. I've been trading OTC with about 10% of my investments, so i'm not losing sleep here. But it still doesn't change the fact that 20 years after losing 15k on EYII, I still took a loss because I am aiming too big. At a 10 bagger, i should have been on a few small million of freebies. Greed is horrible, but i kept on thinking about buying my retired parents a new car and how happy they would be. But they don't care. They just want to spend time with their two grandchildren.
tough to argue with this post. Has me wondering the same thing. Next thing you know, the claims will be settled and whomever bought up shares at .0007 will make a beating. All I know is the OTC is toxic.
so much in the same boat. I basically sold for a few K loss but still hold a few million. GLTA
monster bid at 7. hold that line. Could get a reversal
Is anyone expecting something to happen in court today?
holding still.
honestly it is fishy as F. Could literally be a staged dump and someone just loaded up at a massive discount.
I took profits long ago, i'm not out of pocket, but it's the crushed dreams that hurt as well.
went out back just now. Realized that the money is just a number on a screen, but my kids and wife are real.
will likely shut down my QT account after 20 years and focus on my Canadian Tax Free savings account which doesn't allow penny stocks.
take care everyone.
Rob
we'll see tomorrow. fingers crossed as i'm ready to drink 4 bottles of wine tonite and sulk.
FB you still holding?
I don't see where it clearly says the custo was terminated. Guess i'm just hoping this was a staged dump and it's still alive.