ABCO Energy Inc. (ABCE)

[TheLastOneSitting]

The company is losing money with millions in revenue, that is a huge red flag. Revenue means nothing without profit. If the company reports yearly revenues of 4-5 million with a loss why would anybody want to invest? Lets say they show 5 million in revenue with $100k profit, even if they doubled or tripled next year their profit would be peanuts compared to their debt so why would the stock be worth holding short or long term?

The $5,000,000 lone of credit is backed by shares. If they borrow $500k how would they possibly pay that back without dilution? If they pay off their debt and expand into new offices and borrow millions how will they pay that back???

The company has diluted the stock into the ground, completed a reverse split, then diluted the stock into the ground a second time and again, are preforming a reverse split. Thinking they will not do the same again is crazy. Oasis demanded the R/S to dilute. Period.

I made five figures on ABCE and I can assure you I have no plans of buying back in. I’m not bashing to “get cheapies”, I’m stating facts. This company has and is taking advantage of shareholders and I hate to see people fall for it or for the pumping. Good luck to you, I always enjoyed your posts