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Re: None

Friday, 08/04/2017 8:04:48 AM

Friday, August 04, 2017 8:04:48 AM

Post# of 14821
Cooltech(Unaudited):

As of June 30, 2017 (For six months ended):

Revenue: $12.3M
Gross Profit: 270k
Total Operating Expenses:$1.6M
Net loss: $1.3M

A loser merging into another loser (InfoSonics)!

.......

Lots of dilution coming!

Plus, maybe upto $2M is being spent on the merger! Can't afford to spend such a large amount on the merger, when cash is so precious!

Come Oct 30, a reverse split is likely.

Do your own DD, and decide to buy/sell IFON

Good luck!