Followers | 4 |
Posts | 863 |
Boards Moderated | 0 |
Alias Born | 02/10/2016 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, May 11, 2016 4:34:20 PM
No mention of Danny Mitchell leaving the company, nothing but generic platitudes regarding the cell (no mention that their patent got rejected in an embarrassing way, or anything about how they might fix that).
Also "Doing What We Say We Will Do!" is their slogan now? Unbelievably bold on their part.
Cash levels plunging to keep up inventory and tied up in receivables (even though revs were basically flat sequentially Q on Q). Why the sudden change in cash levels? It didn't seem like anything changed drastically since last Q to require so much more cash than they did last year to keep things going.
The company is growing fast in terms of revenues yes... but they are barely making any money and seem to be needing more and more of their cash to fuel that growth. Given this, there is pretty much no way that the remaining cash is going to be used for M&A, they will need new cash / shares. And that will be where you come in, once again, to fund the expansion of this company. Everything get's bigger except the numbers on your brokerage account... but that's just a minor detail.
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM