Followers | 377 |
Posts | 17270 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
Wednesday, September 03, 2014 4:39:52 PM
They finished the qtr with a large net loss from operations and only $92K cash in the bank- barely enough to pay the two base salaries for one month of the CEO and CSO after their recent, large raises. That's the reality.
PR? Doesn't mean much to me IMO. I read the SEC filings and things like cash on hand, use of convertible debt financing- on going, total debts, continued use of loans and "notes" from insiders and others, continued massive dilution of the common shares to stay afloat and even pay common bills and other debts owed, issuing of warrants and shares by the 10's and even 100's of millions, etc.
A list of "PR"? What's that worth? '
If it's all so "wonderful" - then why's it selling off hard on higher volumes, now totally broken down below not only the 50 DMA, but now the 200 DMA? Why? WHY? Why would that be? How does selling off on high vol supposedly = "news is coming"? Since when? How? Why? Why the selling pressure if it's all roses and wonderful out there in that list of PR? Why would anyone sell then- knowing they'd be supposedly rich, soon? Why all these holders of all these shares they've issued- why would they be selling then? Why?
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM