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Re: codfather post# 5256

Friday, 05/06/2016 4:34:21 PM

Friday, May 06, 2016 4:34:21 PM

Post# of 11584
Although popular a few years ago and still a handy way to get listed, a lot of people look askance on the reverse merger approach. They don't have any legacy issues from the ne'er-do-well shell they took over, or horrible debt overhang, do they? Or do they? The financials are a bit "casual", and the rather large "travel and entertainmeny" expense from last year are a bit of a red flag, but, I'm leaning toward "maybe not a scam". :)

It sure is a great story. And I do like my coffee. If there's a chance here to help protect a steady supply of Folger's Gourmet Supreme, seems like a small investment here might be worth some risk...

I guess a big question is, can they execute s business plan. A nice blip from the promo, got me to notice, but what happens when it wears off. Typically, a long-tail-down, but how long and how down...
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