Wednesday, February 28, 2018 2:51:01 PM
I respectfully disagree with your view that "we are pretty good here on several of those points".
It is not really difficult to assess the situation. You have a massive insider stock overhang, copious volumes of shares being sold at 50 cents and questionable prospects based on late products and failure to deliver on previous announcements. Plus a $20 million to buy shares of Juneau. This is all disclosed by company management.
The share price is $0.50 as that is the price the company is happy to sell millions of shares at.
To address your comments:
Business Plan - products delayed by over a year. Questionable as to if anything will be commercially viable.
EBITDA Q2 2018 - ($3) Awesome! They lost just under a million dollars but EBITDA was only negative $3k Yippee-Yee-Kay-Yay Mr. Tucker!
Stock O/S
Issued - 192.9m
Unrestricted 59.2m
At DTC - 13.7m
That means there are 45.5m shares just waiting to be put into trading accounts and likely sold.
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM