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Re: Marty Byrd post# 474

Wednesday, 08/23/2017 11:41:43 AM

Wednesday, August 23, 2017 11:41:43 AM

Post# of 762
you are right about their growth. but you forgot one thing. if they can generate even 3million in income, their losses for that quarter may be 9million for that quarter as the executives, mainly the ceo will siphoned that money to pay himself in stock and cash compensations. this process have been repeated consistently the last few quarters. i was only hoping it was a one time thing but last quarter convinced me they are doing funny business. even if company goes bankrupt, he can use his personal fortune that he siphoned from bagholders, i meant shareholders to buy the company or their intellectual properties for dirt cheap. not sure about the legality of what he is doing is allowed by law where the cash and stock compensations exceeds profits by 3 folds. but morally it isn't and isn't doing tbe investors any good. thought i had a winner where there was a profitable cannabis... but i have been tricked. what profits? where is that money going to? read the filings and financials and tell me that i am wrong...