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Re: drink-up post# 5302

Wednesday, 10/24/2018 8:34:59 PM

Wednesday, October 24, 2018 8:34:59 PM

Post# of 9744
drink-up, I don't post often but I understand your frustration if frustration is the right word. I'm one of those that have accumulated several million shares of PNAT so I've made a financial commitment that I hope not to regret. But this company seems to have a great cadre of products and by all indications an excellent management team. However PNAT has incurred heavy losses in an effort to develop their products and to create and implement their business model including distribution channels that includes thousands of outlets and other potential buyers and customers. They are obviously strapped for operating cash or they wouldn't be engaging in the dilution they are doing. I think more dilution and/or debt is inevitable until sales are sufficient to meet their cash flow needs.

That said, we have not received any news regarding sales activities which tells me the 3rd quarter results are probably not good (more losses). And we're only a few days away from when we should get the report. Also, this time last year this stock was trading at about 30 cents or so. There's a lot of people out there that have taken a beating on this stock. If third quarter results are bad here at the end of the year and the stock drops we may get a lot of folks that give up and decide to engage in tax selling before the end of the calendar year. The potential is there for another significant drop IMHO in November if we don't get some good PR. If that happens I intent to buy more and average down.

If I sell it will be after the 4th quarter results are out at the earliest unless something happens to cause a dramatic run up in the price or causes me to give up on the company. At some point the company has to show it's moving toward profitability. I think the 4th quarter may be a good indicator - at least I'm hoping.

I'm still a believer. If over the next year or 18 months the stock price goes back to previous levels, those of us that held stand to make of lot of money - as an earlier poster said - life changing money perhaps.

My two cents for what it's worth.

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