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Alias Born | 05/31/2017 |
Monday, December 18, 2017 8:37:15 AM
1. In one year and three months they only filled 30% of their contract. Materially incorrect. Contract was reported in March of 2017. That's 9 months.
2. Have a history of not fulfilling contract. This can't be stated as a fact since KRSNA Minerals is a subsidiary and was purchased late 2016. There is no documentation or evidence that they haven't been able to fullfill contracts. There is a difference between direct company operations and subsidiaries
3. No contracts to sell their product in 12 more months. This assumes that in 12 months they will have no business. Nobody knows this for sure since they've only talked about 1 major contract, but they have reported revenues prior to this major contract so they evidently do have a steady stream of business.
could go over the rest but don't think its really necessary. If claims are going to be provided they need to be materially correct.
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