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Re: DewmBoom post# 165213

Monday, 07/06/2020 1:13:04 AM

Monday, July 06, 2020 1:13:04 AM

Post# of 186029
Are you kidding me? This isn’t the start of anything. Yes, maybe in the beginning you start an OTC before you slowly begin to head toward the company supporting itself. That’s not what’s happening here. Anshu just collected $8.2M in SBC, and our shares are worth peanuts. Yes, we knew that was coming, but that doesn’t make it right. I haven’t really even focused on the SBC, but it’s really f*cked up considering the coronavirus and that the company only brought in $13M last year. SBC in this quarter = 63% of previous years revenues, yeah that’s normal. That’s really not even the worst of it, where did all the money go from Operating Expenses $1.296M this year vs $377k for the same time period last year and revenues only increased by 56%.

I may have gotten the wool pulled over my eyes on the investment side as I trusted Anshu and let my guard down, fool me once...but I know when things don’t look right, feel right, or smell right. This is not how a 3 year old business should be run and this is not how shareholders should be treated. To keep money here is the definition of Insanity. Expecting a diff outcome...nothing will change. Moral Hazard is at play here and I will not be fooled twice. I am out as soon as my orders get executed.

Money is leaving this company without being documented and it’s not going toward debt, so where is is it going. Oh, operating expenses, really, that’s the line item entry Chris,??? Is that a joke? Care to elaborate Anshu or Chris? Care to share why operating expenses went up almost 3x and revenues went up by .5x vs the same period last year . I’m sure there is a great explanation why they would spend $919k to grow by as much?!?!

“A wise man thinks ahead; a fool doesn’t, and even brags about it!”
Proverbs 13:16