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Re: EarnestDD post# 2249

Tuesday, 08/19/2014 4:58:51 PM

Tuesday, August 19, 2014 4:58:51 PM

Post# of 22933
EarnestDD, You are the only person with the right prediction on this forum. Congratulation. We have been all wrong. We all read the communications of the company and listen to CFO messages via Bagels (assumed that they true and they are on the right track) but it seems that there is nothing true in this company and everything is exagerated by a factor of 100. You have been right, we have been all wrong. The CEO comes and talks about 1.5 M$ target per month in Feb-March and CFO says to Bagle it will be in 1 M$ for quarter when the the company is at 15 k$ per month (less than the gas station in the corner with higher profit) despite of sales to Army and Amazon. I got out of this company with 30% profit overall in the apst dates (since I bought low and the price is still high thanks to the marketing pump) but there is nothing in this company and get out before it is too late and the pump effect is still there. The shares will go down substantially. With the recent dilution and financing the value of the company is 12 M$ and this is imagiable for such a company with 40 K$ (still very expensive even they reach 400 k$). I said same thing fo another company AMMG and got out at right time with 20% profit and it went down drmatically after few days. This AXXE did pass this test (neither for revenue nor for credibility and honesty).