Good evening, Auditor1,
Let me provide documentation for your claim that Cerp used to be a cheerleader. Just turn to Post 2008 of January 25, 2015, and, if you didn't know who had provided this post, you'd swear it must have been either RPH or Hostastock.
All that aside, circumstances change and investors, like everyone else, are allowed to change their minds, so I'm not going to bash Cerp for changing his mind (though I do think it is generally wiser to proactively admit that you've changed your mind as contrasted to being "caught" doing that).
Within about two weeks we'll all learn whether the annual pace of nearly $7 million in sales (just annualizing the Q4 number)has been sustained. If it hasn't been, the company may be distressed. ...and even if it has been, if that level of sales volume isn't yet sufficient to drive the bottom line to a profit or at least damn close to a profit, then it really is time to ask Kyle and company what level of sales will it take for the company to become profitable, how long is it expected to take to get there, and can the company obtain longer-term loans and/or issue more stock to keep it afloat until it gets there.
Given the very rapid growth of sales from inception to now coupled with knowledgeable testimony from posters who are personally aware of the quality of the products, I'm personally bullish. But I think that we have to respect the opposing point of view (and by extension the posters who hold that opposing view, as long as they back up their opinions with logic that they're willing to share with the rest of the community on this board).
