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Wednesday, July 10, 2019 2:33:23 PM
No doubt they are concealing material information from the public. Total radio silence. What is the cash position now? Overdrawn? I bet their quarterly filing is delayed again. Can’t wait for that... inventory down to what? No money for purchasing... too bad! Equipment industry is seeing a big resurgence, but they have all of the wrong products. WhT a joke.
The real question is: how is the price of this stock still above $.10??? This is not a $5M market cap company. They MUST be meeting with BK attorneys... can they pay their rent this month? Can they even AFFORD a bankruptcy attorney?
These girls have had every opportunity. They have wasted more cash than I can count. Malfeasance at every level. From their new CEO fiasco, to the first AZ building, to the so-called ‘facility purchase.’ They should all be personally sued for fraud. Nobody could be so stupid. It was just around a year ago that they had a cash position of $2M. They threw away every penny. They are either stupider than stupid, or somebody’s pockets got lined.
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