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Re: A deleted message

Saturday, 12/23/2017 1:42:44 AM

Saturday, December 23, 2017 1:42:44 AM

Post# of 226099
Thank you for pointing out that I don't buy just any stock, and definitely not this one, with a CEO trying to claim this old, tired idea of selling phones in South America is going to "Take the world by storm", or get anywhere close to $100 million per year in sales.

A marginally successful company doing the same, after 20 years of selling those cheaper, low margin phones, sold less than $40 million last year, and lost @ $2,500,000.00, while sales, phone prices, and margins kept slipping lower.

They just reverse merged with another loser company, to double their efforts, and losses, apparently.

Lots of competitors in the space.

The way the headlines scream, you'd think he just came up with a novel idea. Lol