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Re: Crankys post# 14084

Friday, 08/12/2016 10:58:41 AM

Friday, August 12, 2016 10:58:41 AM

Post# of 21832
There is a lab here in Denver. Problem is, they take on extensive convertible debt and dilute so much, there's no way this one lab will pull them out of the death spiral Q-TIP created.

They have the lab in Las Vegas that had its GRAND OPENING in June 2015, and they keep including it in PRs as "operational," but unless things have changed in the last 1-2 months, it's never been open for business to produce revenue. Yet, the keep including it as one of their revenue producing labs....this was noted on the online description of the PZOO booth on the FL MJ Convention held earlier this year.

They DO use the Las Vegas as a promotion tool, bringing possible "investors" (my opinion, more convertible debt) in to tour, and that's all I've seen regarding "use" if the LV lab.

Q-TIP always used to mention looking out for the "shareholder/investor" in his webcasts. I'm not sure who he was talking about unless it's James F. or those that were "given" preferred shares to convert and dump. It obviously wasn't the common stock holder/trader.

As I said, NOTHING Q-TIP had said had come to fruition outside of the CO lab. Again, this single lab will not be sufficient to push the stock anywhere with tho toxic debt PZOO regularly takes on.