Produce Safety & Security International, Inc (fka PSFS)

[Investor100]

JMO:
I finished listening to the second interview ( Aug 06) and it sounds like Mr. Kearny needs an accountant he was not completely certain if he gave Stone Financial ( MN & FL ) branches some 225-250M free trading shares for $250K! He states that Stone backed away from the 4 trunk investment (250K per quarter). The interviewers speculate that Stone is shorting the stock but at .0001 I do not think that makes any sense.

Hopefully, Stone sold their position this week and we can move on.

A) He did not speak about revenue(s) other than to say he has filed the reports and the reports will be out for public review.
B) Broad comment that he has signed contracts with vendors which we know from recent press release.
C) No comment about the spread of E-Coli with the lettuce in 23 states which was suprising not to hear.
D) Mentioned that the compamy was debt-free however he would be looking for financing, did not say when or how much!

Overall, I think Mr. Kearny needs to spread the wings of this successful product he has patented and delivered but unless the word gets out someone else will fill the void with another like type solution.

I will continue to hold my position!

Investor100