All true.
Except were talking about a pinksheet, a pinky that has a proven track record of doing things, well, the pinksheet way.
A pinker that has no revenue and proves it in writing.
A pinker that has just blown out the authorized - which no one does unless they plan to dilute the dog snot out of. Generally for the purpose of attempting to get in debt, heavy debt, and continue to take loans in a repetitive habitual manner, which in turn fund repayment of the prior. In a round about manner
Positive cash flow will never come to this ticker while they have 20 billion shares ready for anyone with a dollar bill to play with. If they do manage to create by some miracle a web platform where tens of thousands of commodity traders flock to, for whatever reason, and their minuscule dividends actually amount to something tangible, they will likely dump as much liquid as possible into some drowning entity for tax purposes. All the while debentures churn.
Don't get me wrong, I like their idea, it's awesome. (Their on paper business model, or what they advertise), but the product they are selling (the web platform) can only go so far unless they find a way for the guy's sitting behind the keyboard doing nothing much of anything, to trade between one another. In other words, finance the initial startup of the average dude/ dudette.
Just my thoughts nothing more.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.
