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Re: Potfolio post# 329

Wednesday, 04/25/2018 8:18:32 PM

Wednesday, April 25, 2018 8:18:32 PM

Post# of 3345
Id also add that the 10K was about what I expected. Perhaps a little slower sales then I thought but again that was from working capital issues and not demand or long term strategy concerns. I expect that to be over $1M in Q1amd higher yet in Q2 as they just posted they had ELF, Max pro and other key products back in stock.

Full disclosure I’ve acquired about 2.8M shares at a cost basis of $.03-.04 range and I’ll add more if we visit .03 again.

The only reason this isn’t at $.20-.40 in my opinion is the never ending dilutive note. Good thing is the 10K in subsequent events shows that as of end of Q1 there was approximately $125-140K remaining (off top of my head). That means the facts are we are in 9th inning. I worked some math earlier that approx 40 percent of all tradeable volume in Q4 and Q1 was from dillution! Just gets you smiling when you think about that supply and demand shift in common shares that is coming soon IMO. Thinking sometime in mid to late May unless volume or key news is released sooner.

Cheers!
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