THAT LAST HOUR YESTERDAY
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MARKET MAKERS
Was it noticed how the mm's would not trade this during that last hour yesterday? They allowed for a very very light amount of volume to take it up to 0.0215, and then they just froze the trading. It just stopped. Could it have been a paint job ?
It seems they may have wanted to make the technicals "appear" bullish. Like making the candle close above the triangle. The PSAR to stay flipped. And the MACD to barely cross over the Signal Line.... Then they froze the trading. Are they trying to fool me? Are they trying to draw me in ?
IS THAT HOW THEY DO IT
Is this a set-up? Are they manipulating the trading? It smells like a Bull-Trap. This could break way down below 0.018, imo. If they would have let it trade in that last hour, it may have closed in the 0.019's. It looks like they wanted to "Paint-The-Chart", to put traders together. It could be manipulation. Totally Fake.
COMPARING FEB-2016 TO FEB-2017
The PR yesterday talked about how well everything is going, and how they added 4,000 more Smart Medical Alliance Patients since last October. Yet they only filled 16.5K prescriptions. And that is NO Real Improvement compared to a year ago. Not even a relative improvement over a whole year's time !
Then they blamed how flat it was on the shortened month, when compared to leap-year last year. But that is only one working day difference. They should have instead compared the amount of scripts on a "Per Day" bases, and then say they were actually doing more. Even though the total February "Per Month" numbers for this year were actually less than last year's.
Feb2016 - 16,700 Scripts / 20 Working Days = 835 / Day
Feb2017 - 16,500 Scripts / 19 Working Days = 868 / Day
( Virtually No Difference In Progress From A Year Ago )
But don't get too excited. Because a whole year later, they are still doing just about the same quantity in prescription fills. And even though they did 200 less total for this month, they still did more "Per Day". But still, overall... NO REAL IMPROVEMENT !
HOW DO THEY PRESENT THE NUMBERS
Remember when they tried to tell how great the last August numbers were, while achieving 20K prescriptions? Well, August just happens to have the most "Working Days", along with March. That's a total of 23 days. Those are the only two months with the most Working Days. Working Days are used as a constant factor of Monday thru Friday, minus any Federal Holidays.
The other months usually have about 20.5 days on average... so, the monthly "Stats" could be misleading. But, if you look at the amount "Per Day" within each month, it will give a better idea of any REAL improvement.
For Example: Last August they did 870 scripts per day (20K Total). Now compare that "GREAT" month to this year's "POOR" February, with 868 scripts per day (16.5K Total). IT'S THE SAME. NO DIFFERENCE BETWEEN THE MONTHS. The "so called" Great Month, is really no different from the "so called" Poor Month! But yet, they play off the "Monthly Total" differences, which may be misleading. Yup !
Aug2016 - 20,000 Scripts / 23 Working Days = 870 / Day
Feb2017 - 16,500 Scripts / 19 Working Days = 868 / Day
( The Great Month Is The Same As The Poor Month )
WHAT ARE THEY DOING
No matter how, all last year they only averaged 848 scripts per day. And so far this year, they are only averaging 872 per day. Only 24 more. That may not justify the cost of a Robotic Dispensing System.
So now, even though the daily numbers have not improved much, they are going to try and set-up for this month of March, with it's BIG 23 Working Days. This month has 23 working days in it, then multiply that by the 872 ave so far: That would equal 20,056 total scripts. Can they do it? And if so, is it really an improvement ?
WOW! That would sound like music to the ears, and give the management something to talk about. Like, how they are zeroing in on that 25K scripts per month. But, anything close to this average daily number DOES NOT show any REAL Improvement. Especially over a WHOLE YEAR'S TIME. And really, this small company should not even think about any expansion at all, until they can "average" 20K scripts per month. Let alone, a wildly optimistic "Forward-Looking Statement Number" of 25K per month.
CART BEFORE THE HORSE
The Robotic Dispensing Machine and State Licenses all turned out to be very premature, and set them back quite a bit, imo. If they would have waited a year or so, to beef-up their small business, they would not have been this deeply involved with the likes of Midam Ventures LLC, and the additional premature dilutive costs of Monarch Bay Securities. This all helped lead to the additional dilutive Securities Purchase Agreement with Chicago Ventures.
WHAT'S REALLY LEFT
Not much really. They traded all their debt for dilution. The only cash they have, is borrowed cash. And the Audit is the only thing left to put any emphasis on. It's the only "Catalyst" left to believe in. But a catalyst just can't be manufactured to fill a void, no matter how much one may want it. An Audit sounds like it could help open up ALL the doors. But it won't... it's not that simple.
This Audit is very easy to do. I mean, the CFO has 30 years of accounting experience, and is a partner in an accounting firm. So I doubt that this "Little Pharmacy Operation" will have any problems with an Audit at all. So what has to be done, is to try and build up some "Suspense" about the Audit itself. Because that's all there is left to do !!!
WHY
Is It Really Any Actual Question At All ,
Why This Always Goes Down On News ?
JMO
