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Re: pcjr1969 post# 38120

Thursday, 11/16/2017 1:01:07 PM

Thursday, November 16, 2017 1:01:07 PM

Post# of 62287
unfortunately...

without financials, we do not know if the bots were paid for...

what we do know is that OMVS had prior notes and that is what dilution occurred...
what is also unknown is the amount of Debt RAd has built up besides OMVS's to date including the bots, my 1 rental stands as one other is supposedly out there in transit...so yes 2 I will give it..

the 2 freebies to romero only include their use, not manufacture and costs to do so...so that Debt also included...

now am I or If I was an investor, yes I would worry about Debt and especially dilution, given the fact that the company is failing to deliver on time and in a timely fashion..

the dilution, well as an investor that is troubling as each cycle shrinks your investment...
I know, most say no no no...
but fundamentally as the OS grows, along with the debt, the need for more dilution continues,harder to make the gains..eventually a R/S will be needed, that's coming soon...especially in order to meet the notes that will convert..

fundamentally it's hard to say where RAd stands as financials are severely overdue and in my opinion that means some things were questionable on them...I would say OMVS's history would be in question right now on fins...Rad just has a pile of debt to sift through..
well that's my opinion..

time will tell

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