Tonner One World Holdings Inc (TONR)

[Voices of Reason]

The O/S shares are being printed at a blistering pace:

8/14/14: O/S = 25.8 million
11/12/14: O/S = 48.9 million
12/15/14: O/S = 151.4 million
2/13/15: O/S = 205.5 million

Regarding the doll sales....the 1st nine months showed a paltry $35k in doll sales after getting into HEB, Walmart.com, dollgenie.com, etc... These "sales" were offset by cost of sales that resulted in a negative $1 gross margin. This is before the $6.2 million loss in operating costs, G&A, interest expense to get to that point. The point being is that it doesn't matter how many dolls they sell - if you can't sell them at a positive margin, the company will never dig itself out of the hole. As you say, "it has never been about the dolls".