Friday, June 19, 2020 11:48:57 AM
Last year at this time there were 1.6 billion shares issued versus 2.13 billion shares issued now. That is 25% more stock than July 1, 2019...yet the share price is down over 75%!
In addition to that...revenue is up 300%!!!
So...why is the share price falling? One word again: Lambrecht
The CEO must take full responsibility for his failure as a CEO and own up to it. He should do a mea culpa...put out a statement and admit his failures. Tell us how he screwed up with all the prior ventures. Tell us why we should have any faith that he will right this capsized ship and sail it to richer waters.
Dont hold your breath waiting though....
All messages posted by me are just my opinion.
They are in no way a suggestion to buy or sell any security.
Please consult a licensed Financial Advisor for your investment advice.
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