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Re: Nomad505 post# 32108

Tuesday, 07/08/2014 11:49:33 PM

Tuesday, July 08, 2014 11:49:33 PM

Post# of 45244
Stands, yes -- but revenues growing, profitable?

Q1 14 revenues down 15% from Q1 13.

And 2013 'profits' were restated in the 'audited' financials to be a loss, almost equal to revenues.

I personally don't think this is a scam. But, certainly not an investment vehicle for those looking for a growing, profitable business.

Perhaps trading profits here, but I don't see the investment case. No-one on this board has yet made such a case, nor has the company.

And there has only been one 'big' third party investor, and that would be the individual who did the first two SW Florida stores, supported by significant advertising from the October 2013 advertising buy. Jan 2014 a third SW FL store was announced as opening early Q2 -- but still not open. Not a good sign.