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Re: Pegaso post# 35019

Friday, 12/11/2015 11:13:16 AM

Friday, December 11, 2015 11:13:16 AM

Post# of 84325
the problem is that no one else wants in. A casual investor perusing sub penny stocks would initially be intrigued by the revenue, until he realizes that there is no profit on the horizon. I could easily go out and make 20M in revenue. All I would have to do is tell people that if they give me $20, I will give them $24. Then I could call all the $20 bills I received "revenue". It wouldn't make up for the fact that I am giving money away to make revenue. Now, I understand about a company needing time to establish a solid footing in the marketplace before realizing value from growth, but with this bozo CEO, it's just not going to happen.

There is no demand for this stock, except by a dedicated few trying to keep this run alive.