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Toxic Avenger

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Toxic Avenger

Re: None

Monday, 05/21/2018 9:34:35 PM

Monday, May 21, 2018 9:34:35 PM

Post# of 52915
Yup, 10Q another disaster.
NEGATIVE GROSS PROFIT. They paid more for the MJ they sold than they could sell it for.
Let me repeat. THEY PAID MORE FOR THE PRODUCT THAN THEY SOLD IT FOR. It's like you buy a new car for $40k, then resell it immediately for $39k.
Meanwhile, a quarter of a million new toxic debt in Q1, then in the next 6 weeks another half million in new toxic debt.

It just keeps getting worse and worse. No surprise they held off posting until the last possible minute and put all all the fluff PR BS.

"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.

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