Some of my favorite quotes from The last time oslh issued somewhat coherent news (June 29):
An Update on OSL from CEO Bob Rothenberg
Source: PR Newswire (US)
YARDLEY, Penn., June 29, 2015 /PRNewswire/ -- OSL Holdings (OTCQB:OSLH)
Fellow Shareholders:
"This spring we announced the hire of Herndon Graddick, former CEO of GLAAD, the world's largest LGBT media advocacy organization, as Chief Marketing and Policy Officer. We also strengthened our business development bench with the addition of Jonathan D'Agostino as acting Vice President of Business Development. This month OSL added famed marketing and public relations maven Josh Baran to our team. We also added noted cannabis publicist and activist Evan Nison as our press agent."
WHAT EVER HAPPENED TO THESE GUYS?
"OSL also recapitalized, which will infuse our organization with almost three million dollars in new working capital over the next 8 months that will allow us to begin to execute on a number of profit-generating opportunities in our pipeline."
HOPEFULLY THE NEXT 6 R BETTER THAN THE LAST TWO! MAYBE IF IT WASNT ALL TOXIC DEBT THINGS WOULD BE BETTER. OR MAYBE IF MANAGEMENT CREATED A MARKET FOR THE DEBT HOLDERS TO DUMP ON IT WOULDNT B AS BAD...
"We continue to make strides to bring to market a groundbreaking technological solution to the industry's cash-only problem, which remains a very significant issue at the dispensary level."
WTF IS THEIR SOLUTION? I DONT THINK ITS BEEN DISCLOSED YET AND IT WILL PROBABLY B JUST LIKE ALL OF THE OTHER PEOPLE TRYING TO SOLVE THE SAME PROBLEM THAT BANKS AND THE GOVERNMENT WILL SOLVLE IN THE NEXT 5-10 YEARS!
"Our footprint in the Los Angeles market is growing, with management service agreements in development with dispensaries and cultivation sites in the area. Continued updates about those deals will be forthcoming in the next weeks and months."
ONLY UPDATE WE HAVE GOTTEN TO THAT EFFECT WAS THE DEAL THEY MADE WITH THE LLC THAT MANAGEMENT CONTROLS. THEY ALSO CONVENIENTLY DECIDED TO NOT MENTION THE DEAL WAS WITH A COMPANY CONTROLLED BY AFFILIATES IN THE PR.
"The remainder of the year promises to be an exciting time of other changes. We are in the midst of a major rebranding effort that will premier later in the summer. Which will communicate our business vision more clearly and directly to consumers and investors as we enter into our next phase of growth."
3 MONTHS LEFT IN THE YEAR. NOT MUCH TIME LEFT FOR THE PROMISED EXCITEMENT LOL. ALSO OFFICIALLY 3 DAYS BUSINESS DAYS LEFT THIS SUMMER. I GUESS BY "LATER" THEY LITERALLY MEANT THE VERY VERY END.
"We're a fully reporting public company, but are in a many ways a start-up."
FULLY REPORTING? THATS A STRETCH. SEEMS TO ME LIKE THEY GO OUT OF THEIR WAY TO REPORT THE BARE MINIMUM AND ITS USUALLY LATE AND CRYPTIC.
"We're in it for the long haul and appreciate our backers and investors commitment to seeing out our vision in this exciting, rapidly growing space."
MAYBE ITS JUST ME BUT IT DOESNT SEEM LIKE THEY GIVE A CRAP ABOUT ANY OF THEIR BACKERS. FROM THE SMALLEST BAG HOLDER TO THEIR LARGEST TOXIC FUNDER.
"Part of our new communications plan will be a commitment to update shareholders on a more frequent basis."
THIS LINES THE BEST! ONLY IN THE NEARLY THREE MONTHS SINCE THIS LETTER AND IT WAS CRYPTIC BS ABOUT A DEAL WITH AN LLC MANAGEMENT OWNS!!!
"Stay tuned in the coming weeks and months for more news about our Company's progress."
FOR THISE THAT HAVE STAYED TUNED FOR THE LAST 10+ WEEKS AND 2+ MONTHS IT HAS BEEN NOTHING BUT SILENCE! AGIAN, ONLY ONE PR ABOUT I DEAL THEY MADE WITH THEMSELVES!
Best regards,
Bob Rothenberg
Chief Executive Officer
OSL Holdings Inc.
