InvestorsHub Logo
Followers 4
Posts 80
Boards Moderated 0
Alias Born 05/25/2011

Re: DEGENERATION CA$H post# 19886

Wednesday, 07/08/2015 3:22:32 PM

Wednesday, July 08, 2015 3:22:32 PM

Post# of 47865
Who's ruining this run?

VFIN, BMAK -> Dilution
Impending Toxic Financing Via Magna
Low credibility CEO speaking out of both sides of his mouth (i.e. CannaCamp)
2MIL loss last 9 months ending Mar 31
Known paid pumpers

So what if there revenue is up to 200K (if that's even true). it must be tempered with actual cost of business operations.

Don't believe anything you read here. Do your own DD

imo today's run was a blessing for those wanting to exit. This will settle back in the teens.

The only way this really runs if they significantly reduce cost, end toxic financing, and show progress towards profitability. Won't be known before 10-Q. Only way Joel re-establishes credibility is with the numbers.

ls
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.