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Tuesday, August 01, 2017 11:05:57 AM
...but not all revenue is created equal in pennyland! Its important to comprehend the QUALITY of the revenue. Ive seen pennies that make $50,000,000 per year, but they have 8 figures losses and dilute heavily, resulting in a constant downtrend and reverse splits.
Ive seen companies claim $100,000,000 purchase orders and collect ZERO... I watched Ken Schilling issue PRs claiming multi million dollar POs from Bestbuy, etc and not deliver a single unit, but made millions pumping and dumping. Then the SEC stepped in: https://www.sec.gov/litigation/complaints/comp19571.pdf
repost...
The quality of the revenue is an important aspect to focus on in pennyland... Theres no bogus buddy to buddy contracts here.
Exclusivity on popular/well known products being sold to some of the biggest retail names, is quality.
Multiple Snakes locations serving a growing number of happy patrons, is quality.
Marketing partnerships with companies like Nintendo, is quality.
... and theres so much more
My postings contain many opinions. So please do your own research
and validation.
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