InvestorsHub Logo
Followers 27
Posts 2968
Boards Moderated 0
Alias Born 04/14/2014

Re: Yosemite Sam post# 81846

Friday, 07/11/2014 2:16:03 PM

Friday, July 11, 2014 2:16:03 PM

Post# of 123645
I'm just wondering what you base that opinion on. Strong stock? In what way and what is it that would indicate such? Operating at a huge loss, no sales to speak of, no branding or marketing to speak of given they want to be a national brand. No advertising other than some infomercials that do little to nothing in branding the product. I fail to see where you draw your conclusion. The balance sheet shows $30M in losses since inception. there's over $2M in debt including a minimum of 10% of that in payroll taxes and probably great deal more. They've brought in $200,000 in inventory for the entire year so far and that's at gross margin. They burn close to if not more than $100,000 a month. Where is the "strength"? The fundamentals would point to exactly the opposite, extremely weak, vulnerable and most likely insolvent and selling stock to survive. What about past history. This so closely resembles 2009 and everyone seems to ignore it. And that's what a lot of people here would like to know in reference to Marani. Why won't they tell us what they've sold? What are they afraid of?