Saturday, May 23, 2020 9:56:57 AM
However, you look at the chart...and you look at what is facing us and how it has performed in the past then you have to expect .002.....pray that we don’t go below that or into the trips, but at this point why wouldn’t we??
I mean look how far it has crashed and that was off of respectable revenues and an arguably profitable bottom line when you back out compensation. If the bottom line shows crazy multiples of negative income which would include compensation too -albeit- then it’s gonna get really really bad.
People celebrate the additional leagues possibly signing to BLF foods but people forget there are expenses associated with this - development costs of new gummy molds, branding, images etc - then you factor in the inventory costs ....can you say more notes!?!?! Where is the funding going to come from?
The only thing I don’t get is the Garnock part? So am I to believe that he’s going to lose hundred+ million here? At this point he’s in the same boat as all of us......
Or are we going to learn he’s been doing the selling very soon to get out from under this mess and that will finish us off.
Knowing my luck in 2019 and 2020 and the OTC...watch a filing come out soon showing he’s liquidated his position. Then we are really screwed.
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