Friday, May 24, 2019 7:55:15 PM
This company took capital, made a product, that product has sold nicely considering the size of the company.
With that said, they've been PR'ing, not their company, but their machines, and it's abilities non stop. It's worked/ing, that's shown by the sales in machine in 2018 being close to a million or whatever.
Now for the comment that people aren't using their cartridges, well that can't be right, they saw an increase in consumable sales in
2019 compared to 2018 in three months from $537k to $981k or 20k shy of a million..
this shows the companies who bought the machines are continuing, and increasingly buying their products, or the cartridges used for filling and so on.
Yea their machines sales dipped, but that's a big ticket item, and companies don't just throw down that money everyday. So they saw a dip in machine sales, but big ticket items are hard to predict, ask any car manufacturer.. I'm sure they will say the same. but as the market legalizes more and more and each state opens up recreational use as well, this company will be well established from there trade shows and providing these machines to some players in the markets already.
And they are doing all this without dumping PR left and righ, and actually if anything they would want to avoid the firing/resignation of a high level person cause it's usually not looked on well.
Yet they took that risk, all without ever dilluting more than they've needed to for their machine needs, as of yet (hey I can't predict the future, just make my best guess!)
Which again the report you can find on the OTC page for JKSM they state they did a redesign to fix some customers issues
Look up 10q here https://www.otcmarkets.com/filing/html?id=13434664&guid=jAYyUnG_srsyUyh soooo great use of capital, and a great way to ensure customers stay happy, example; We took your concerns into consideration *enter customer here* and did a redesign.... Sounds like great customer service, wouldn't be surprised if they offered discounts for customers who upgraded to satisfy anyone of them that had issues.
Soooo yea I mean unless I start seeing them pouring puff piece PR I have no reason to believe they are after my share money given this.
At the same time they show signs of being a company trying to grow as I've mentioned from MY understanding of the report and their growth and actions.
So say whatever you want man, it's cool, you don't have a fight here yet you seem pretty intent with creating one with me. I'm just using the financials to make my best guess at what the company will do
I mean hell I don't know they could decide to sell the company off and retire at the age of *whatever* or maybe they dilute, but nothing points to that, and I'm real big on trying to pick up clues with the information I'm given.
At least usually as I finally broke my attachment with my first love in stocks...
It is what it is
Wolves feed off emotions here, the more emotions in the board the more wolves hiding among the sheep. Do your own research and due diligence!
Recent JKSM News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 09:00:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/21/2023 09:00:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 09:00:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/28/2023 08:00:31 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 08:00:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/28/2023 08:00:40 PM
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