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Wednesday, July 18, 2018 11:22:21 PM
1. EQLB is now 10 yrs old still on OTC. Only recently did the price break out on the news of Harrington.
2. No apparent cash to make more product.
3. No inventory. The website always says "out of stock".
4. No information on Harrington's actual role.
5. Insiders keep selling and driving the price down.
6. Apparent dilution is occurring.
7. Mo's putting out statements and not following through - "Update Soon"
8. Mo is seen on twitter trotting the globe from titty bar to titty bar as the dilution continues.
9. Mo went dead silent on iHub after the stock peaked.
10. No word if anything is in the works with respect to military stores.
11. Only $835 cash in receivable as of last financial disclosure.
12. As of last financial disclosure, inventory jumped from $11K to $164K from the prior period.
13. Most investors are banking that Harrington will be the savior.
14. The first 3 months of the year they sold only $20K per month (pocket change)
15. There are warrants outstanding exercisable on 33,000,000 at $.03.
16. The company doesn't appear to have the cash to make new product.
I want this company to do well, as I own almost 500,000 shares at $0.02. I'm really getting skeptical at this point and thinking my opportunity costs are high waiting for them to get their act together.
Recent EQLB News
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Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM