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Wednesday, August 16, 2017 12:45:23 PM
Is there anyone here that can post some good on this company? No one has done it yet. Tons of INFO posted that is not so good?
I suggest you read the 10-Q/10-K.
That's information, provided by the company, including the good and the bad.
They have basically no cash, and need to print and sell discounted shares to fund operations. As the price goes lower, they need to sell more shares, and it becomes harder to sell shares. That's an undeniable fact based on math. This means more and more dilution, and more and more shares that in the future will be converted and sold at lower and lower prices. Again, this is a fact.
Because they have no cash, they don't have resources to develop any products. Development isn't cheap. And getting celebrities on board is DEFINITELY not cheap. How will they do this? Nobody knows.
So I don't know what "good" you are looking for here. Facts are facts.
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