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Arthur

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Arthur

Re: Beantime77 post# 12041

Monday, 08/20/2018 8:20:15 AM

Monday, August 20, 2018 8:20:15 AM

Post# of 41910
Investors’ confidence on the stock has received a boost on the company announcing sales projections that exceeded projections and reiterating plans to carry out share buybacks.

Yes, the last Sales Projections the CEO announced was $1.5 million in sales for Q2.
He was $1,498,000 short.

Share buy-backs are now impossible, both practically and legally. The company has no money at all to effect any buy-back, being deep in the red, and State laws forbid buy-back unless a company can show positive net worth.

FAIL.
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