PharmaRoth Labs, Inc. (ROTH)

[sweetlou]

One by one on several statements...
"Cash down around 75% from beginning of period"
If one takes time to actually read the report, it is clear that the decrease to $265 was over 6 months, and the previous quarterly number 3 months prior was $147 cash (Not that the number is important because it is small, but how can we forget the "$147 in the bank" because it was posted probably a hundred times here as FACT. Now that number is ignored in favor of $700 6 months ago to support another false assertion)
Stated repeatedly "ROTH IS INSOLVENT"
False as that means by definition liabilities exceed assets
"Who can operate with $265" and "Who is paying the transfer agent"
The sales and expenses are listed in the report.
"Late by 8 months"
12/31/16 quarterlies were due mid February and just issued 5/11 (a little under 3 months late not 8 months as falsely stated)
"Minimal sales"
I suppose if you call quarterly sales of $130,000 minimal that's somewhat subject to opinion.
"Loss of $2,845,254 since inception"
That is the first true statement In awhile. Of course one must consider that that loss carry forward becomes an advantage if (and in my opinion/expectation when) the company is profitable. Also it had been repeatedly falsely stated that the loss was over $3 million.