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Re: Nacho15 post# 44805

Wednesday, 01/27/2016 10:46:51 AM

Wednesday, January 27, 2016 10:46:51 AM

Post# of 84661
What's unfortunate is that only a handful of people around here get that. The Balance Sheet don't lie and you can't get blood from a turnip. I'd bet that the next financials show a bunch of loans made from the CEO to to the company. We'll never know where the cash came from, but I'd also bet he's borrowing against his newly acquired stock and the artificially inflated share value he created with his non stop pump and PR scheme. Yes, it's just a theory, but much more viable than some "rich uncle" story. Nobody with a brain would throw money into this hole given the amount of cash they've burned in 4 years with still no sign of positive Operating Earnings.
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