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Re: FIN85 post# 1116

Tuesday, 12/30/2014 8:34:52 AM

Tuesday, December 30, 2014 8:34:52 AM

Post# of 8579
Sam85, let me respond to your suggestion that the company be aggressive in PR at this time. First, let me state my biases. I am a bear for the long term on this stock, given the "pump and dump" history of last spring, the family-centered management team, the "material weakness" reported as to their internal controls which they are mitigating by utilizing the services of Winther & Co. CPAs, the pile of debt financing which might find its way into becoming issued shares of stock, and the fact that rapid growth in sales generally requires commensurate growth in funds serving as working capital.

Surprisingly perhaps, my second bias is much more favorable to your point of view. As we enter the new calendar year, the tax-selling pressure will be off and some of those who tax-sold may be ready to buy back in. ...all this happening at a time when a robust sales period has been completed.

So, my friend, I would believe that the "gun of PR" ought to be kept in the holster for the moment. They have issued a lot of press releases in recent weeks, and, at least to my untrained eye, much more of this will start to look like a return to the "pump and dump" of some months back, now being done at a time when FINRA has just issued their alert about such schemes in the vaping industry. I do think this is a real company having real products and growing sales, but I also am far from persuaded that there is a management team in place that can manage the growth. In the end, I think that the value of this company will revolve around the value of any patents they might be holding in regard to the products they are selling.

There has been a lot of emotion going on in this Board, and I hope that a calm, balanced posting is acceptable to both bulls and bears, whether anyone might agree with me or not.