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Wednesday, August 16, 2017 11:47:49 PM
I don't know if you looked at those fins, but they actually generated less than the previous quarter, however somehow managed to pay themselves over a million dollars in salaries while buried in debt..... lmao.
In what world is that number acceptable from a company that announces they pre-sold 40k units, and they've generated couple million in sales?
In what universe is that follow-up PR acceptable in explaining their total and utter failure?
Yes, some shareholders did over-estimate sales despite some of us warning against high expectations, but my expectations were measly $200k from the $2M they estimated. That's expecting that they were capable of booking 10% of those early figures, which leads me to wonder whether that was all just more bullshit to string SH's along.
If FY17 will be "their best year" as the CEO proclaimed then that means at least $3M in sales for each of the next 2 quarters. If you believe that -- then I have a matchstick bridge to sell.
Let's see Yaniv start releasing some PR's starting this week to prove me wrong, and he can start by answering Canadian's email!
GLTA
.......CB
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