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Thursday, January 18, 2018 8:17:49 AM
Trying to be unbiased.. this is like a glass half empty/full scenario. You can read the CEO's 'official tweets' at the top of the message board where he has made a lot of statements, a lot of which have not come true. Oh sure, maybe they will given time but how much time does he need?
The biggie to me was when he said the convertible notes have been frozen and would not be converted until late 2018. Guess what. Billions of shares later and a no bid stock priced at .0001 says that was not true.
Still no letter of intent on acquiring a $15M company (that I dont see how he can afford) .. no uplisting to the OTCQB, that requires the stock to be .01 for 30 days and that will never happen without a reverse split.. something else he said would not happen so how do we get there? Oh yeah, and a tweet about a share buy back. So far, nothing, nada, zilch.
On the other hand this is a company that actually produces something (most companies do) and brings in revenue. Notice I did not say profits but give them time. There is a market for the product, and from my research there is only one other company that does this so very little competition. Long term, and I mean LONG term, this may be a gem.
Do your own research and make up your own mind.
“We are like farmers chopping down the fence for fuel when we should be using Nature's inexhaustible sources of energy. I'd put my money on the sun. I hope we don't have to wait until oil and coal run out before we tackle that”. — Thomas Edison
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