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Re: MonopolyTrader post# 74938

Monday, 05/19/2014 1:22:15 PM

Monday, May 19, 2014 1:22:15 PM

Post# of 123645
Ok GQ, I'll do some math with you. The last time they reported they had no cash. They've run 5 infomercials at let's say $10,000 each over the past year. They've also sponsored five events. Let's call that another $5,000 per. That's $75,000 in promotion alone. They've had to gear up for $110M in production. I can't even imagine the cost there. Now let's look at salaries, insurance, WC and expenses for employees for a year and a half not to mention a monumental initial debt. Do you have any idea what it take to support five employees, let alone all high level, in the the state of CA for two years? I'm sure we're talking about well in excess of a million dollars. I just want to know where all this money is coming from. It sure looks to me like it's coming from selling stock at significant profit. If I was president and had 100M shares at .0001 I wouldn't mind selling some to keep the paycheck coming. It's free money. Unfortunately I think you'll see this one going down and like most pennies that go that route nothing will happen. The principals will disappear and lots of folks will lose their money and down the road it will be again reverse merged into something else. Off the top of my head I'm trying to think of a reverse merger that actually worked and nothing comes to mind. Few do. But go ahead and do your math and tell me how they're paying the operating expenses and while you're at it tell me why they continue to delay reporting and why if everything is so ducky and sales are robust?