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DrKrassenDimitrov

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DrKrassenDimitrov

Re: nealhugh post# 926

Friday, 05/29/2020 1:52:32 PM

Friday, May 29, 2020 1:52:32 PM

Post# of 1524
in November, which was mid-4Q, they announced orders for $750K.
https://www.globenewswire.com/news-release/2019/11/14/1947599/0/en/Exactus-Inc-Reports-Third-Quarter-2019-Results.html

Now we find out that actual sales in Q4 were ~$130K...but... orders for Q1 are $900K...

Obviously, the way they project and preannounce revenues that never fully materialize raises serious questions.
Are these honest miscalculations or attempt to manipulate share price so that their investors who bought early can exit by selling to "gullible" retail investors?

For this to be a serious business, they need to formulate a clear and viable strategy.
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