WHOOPS-A-DAISY
FIRST THEY SET YOU UP
Last year during the infamous Pump-n-Dump, which ruined many lives and turned Investors into Prisoners for life, the Company claimed that 2017 would bring $200M in Revenues: About $50M per Quarter. Then they mysteriously lowered that to $120M in Revenues: To About $30M per Quarter.
BUT THEN . . .
The First Quarter Revenues were only $13M. That is Less Than Half of what their most recent projections were. And the EPS was at a historical low. And before they hit everybody between the eyes with those devastating results, they actually tried to Trick everyone with a cleverly worded PR about their meaningless improved Biossance Product Sales.
AND NOT ONLY THAT . . .
They also gave the impression that there would be No Dilution. While all of their Little Pumpers were swearing Up-n-Down that there would Never Ever Be A Reverse-Split .
BUT LOOK WHAT HAPPENED . . .
Well... After they got rid of every available Shr that they had, while Diluting the Crap out of themselves, they then went ahead with a Reverse-Split. Then they actually went and Increased the amount of Authorized Shrs to draw from, while trying to Trick people into thinking that they were reducing them. But some people are not as stupid as they had hoped.
Check Out The Relative Increases
The Pre-Split OS Was 300 Million.
The Equiv Post-Split Diluted OS
Has Now Increased To 450 Million.
The Pre-Split AS Was 500 Million.
The Equivalent Post-Split AS
Has Now Increased To 3.75 Billion.
They Are Now Set-Up For More Dilution And
Another Reverse-Split. It Would Be Wise To
Not Believe A Word That This Company Says.
Or Any Positive Opinions From Those That
Are Trapped, And Just Trying To Get Out.
THEY ARE LICENSED TO LIE
It is just amazing that some Federal Authority has not shut this Company down yet. Every amateur PR they put out is written under the guidance of an attorney that keeps them one step away from larceny. Every PR is full of holes and clever disclaimers. It is very comical to read and pick-apart every sentence they structure. These people are thieves and liars.
This Company obviously relies heavily on the hopeful stupidity of easily manipulated and inexperienced investors, through their flagrant use of Forward-Looking Statements .
SO WHAT'S NEXT ?
There Will Be A Brief Pit-Stop At :
ONE DOLLAR AND TWENTY FIVE CENTS
And Then A Break Below One Dollar.
As They Make Their Way To
Another Reverse-Split.
JMO
