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Re: big_bone_to_pick post# 3456

Tuesday, 09/13/2016 10:36:20 AM

Tuesday, September 13, 2016 10:36:20 AM

Post# of 19524
You can buy them cheaper at market and will be able to for a long time to come. Time will show that no significant orders are pending, imminent or whatever word you want to use to describe it. News releases that say "many" units sold are worded that way to hide the reality. Why did the company borrow another $157k on 8/22 if orders were being announced. Surely he would get the $$ before he had to ship. Since the cameras are made completely if COTS parts, he doesn't need a long lead time to build them. And wuth all the $$ he borrowd and then converted to shares, he should have significant inventory on hand. $150k will buy a whole lot of cameras that SELL for less than $200.

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