Wednesday, April 18, 2018 6:38:05 PM
Officers loaning money to the company are getting paid back at usurious rates and getting stock conversion prices of 58% of the current stock price. They aren't doing the company any favors. They are profiting from their loans.
Luckily, retail pennystock gamblers are eager to "load" when they dump. How long can that continue? Apparently the "loading" went well today?
But let's ignore the hyperbole and the Death Spiral Financing done by Power Up Lending and GBP Debt Holdings. Let's talk about the only thing that matters to a manufacturing company: SALES. The 2017 sales numbers are staggeringly BAD. Here's a snapshot for anyone not willing to read through that 10K:
https://www.otcmarkets.com/stock/GTHP/financials
Yes, they reduced R&D and Marketing and Administrative Costs and Salaries in 2017.... and still set records for failure as an operation. A company that manufactures disposable products needs to show an increase or at least tread water -- this company ios showing a very alarming DECREASE.
They claim that their poor revenues are caused by a lack of marketing and advertising funds. That doesn't explain why they aren't selling disposables to the customers who already own the devices. What is really going on here?
Recent GTHP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 06:36:25 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/20/2024 06:42:41 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 06:48:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/08/2023 04:24:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:28:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/20/2023 09:49:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2023 04:44:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/07/2023 07:53:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 07:00:31 PM
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