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Tuesday, February 03, 2015 2:21:07 PM
If you pull up the chart (http://www.google.com/finance?q=OTCMKTS:OWOO) for February 2014, you will notice a slight bump from $0.20 to $0.275 (for one day the week after ToyFair on minimal volume) and then it falls off the cliff unabated for the remainder of the year dropping 99.3% of its value.
I see the same thing happening this year - lots of euphoria about a few more square feet of booth space, new line of accessories, even a cameo by Vivica Fox....all followed by the realization that the company gave away its inventory at cost, making negative $1 gross margin while carrying a bloated G&A to support the must-have world class management.
Again...this was never about the dolls...it is all about selling shares.
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