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Re: The Rainmaker post# 10868

Thursday, 03/03/2016 8:40:13 AM

Thursday, March 03, 2016 8:40:13 AM

Post# of 62352
And again even though they have $30 million in cash, they have $70 million in debt they have to pay. Also, the business model it is, is producing negative operating income and it's growing quarter versus quarter. Their gross profit margin is not very good, meaning they are not pricing their products high enough. And they can't raise their product prices as sales has continued to decrease. This company would be completely different if it was increasing sales quarter over quarter.

I have to admit, I missed the boat on this one the past couple of weeks. But at the current pps, I find it very risk to get in as we get closer to the shareholder meeting and also get closer to a penny. People are saying once this hits a penny, that allows dilution to start again.

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