We can only apply our best judgement to arrive at a logical conclusion based on the facts.
With this new set of facts it's natural to assume everything is shady.
I believe they'll roll in the cork... and Yaniv will be replaced by the next CEO to take the spotlight. The question is do they want to send this to trips by holding back on news, or will we see some major update next week? If it's the former, then this is straight out of Dror's playbook.
If we are to deduce from those financials that the grinder has run its course and Dror owns all Easy Grinder rights, then naturally they'd want to squeeze the last bit out and roll in the next shiny object ala Cork to distract from any Q-3 disappointments.
Legit or just a front -- makes no difference, and who knows since Company won't say, and FL SOS shows no proof there's been any shares transferred to SF...but what if there's a brand new management team stepping in and looking for an equity interest -- after all they just bought the controlling block and obviously they're not in this out of the goodness of their heart.
Does this mean either issuing new shares and blowing up the OS even more and maxing AS... or will they restructure SS with a RS....just as Dror and Yaniv's billions of preferred shares come off restriction in October? I think they should hand over their preferred shares.
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Let's see that Guidance Yaniv.
It's almost 7 days since that disastrous report and any legit company that wasn't solely interested in a PnD maneuver would've followed up immediately with forward guidance.
Here's some questions for you and Dror to spin into your next web...
___Tell us who SF is and who's shares are investors holding/buying...are we selling fidgets and emoji pillows?___
____Tell us who the new CEO will be?___
___Tell us who the management team is for SF, and how many shares are they being issued?___
___Tell us why VPOR doesn't own Easy Grinder?___
___Tell us that you will be locking up all preferred shares for 1 year (from your ol' playbook), or canceling them to reduce OS, or issuing them to new management with lock-up provisions ___
___Tell us you won't take another dime of toxic debt and you won't issue another single share for conversion. NOT 1! You already went back on your word once from earlier this year.___
___Tell us there are no plans for a RS for a period of at least one year___
___Tell us if the certificate at the transfer agent for 850 million shares is paying off ALL the debt...according to fins it was issued for debt conversion, but most importantly when will they be selling those shares?___
___You blew up the OS by a billion shares when you said you had no intention of further dilution.___
___You said you sold 40k units -- distributer with 7k stores -- another in Amsterdam, factory in China, and booked $2M in sales at the beginning of the year, yet months later we have yet to see any proof or a dime of those sales___
___You said you were paying off your liens, but got more slapped on top.___
___________So tell us... why in the heck should we believe a single word of what you have to say?____________
I'm sure I can come up with a couple dozen more concerns but I don't want to fry the spin machine.
