Wednesday, May 27, 2015 12:44:50 AM
- The quarter basically only has a month left so it isn't too much of a stretch for him to be able to give this guidance.
- He is not a pumper. He is actually pretty conservative for an OTC company CEO. Since I have been a shareholder I haven't seen him act anything but a tell it like it is CEO.
Now I wish to say some things about the news itself.
- The one issue with this company is that they seemed somewhat cash strapped. Doubling revenues should certainly help with this.
- Now it also becomes much more understandable how they did and say they will continue to pay back Typenex monthly loan payments and continue dilution free.
- It is becoming very clear they turned a corner this current quarter and they are killing it. I speculate it is a combination of a few things. They kill it at vape shows they attend. The limitless mod's sells are fantastic. Lastly I have a strong inkling that they have hit on a distribution deal or something.
Bernard, I'd like to reply to you for a second. First I see in a post today that you say you are bullish on the company. I remember in the past you saying that you were neutral. I think you are a smart person so I am just wondering what is it that turned you bullish. As to your question of why the PR basically only talks about the last quarter and guidance of the top line but does not mention the bottom line, well you probably will not like this answer. The answer is that penny stock companies always only talk about revenues. The investors that play OTC stocks mostly only want to see revenues and want to see growing revenues. The top line rules this market place. Investors wanting the bottom line generally don't invest in this market place. Companies in this market place know this. That might not be the best answer but it is what I have seen over the years and I have been playing penny stocks a pretty long time.
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