InvestorsHub Logo
Post# of 200739
Next 10
Followers 27
Posts 2559
Boards Moderated 0
Alias Born 05/02/2018

Re: thegreencandle post# 130558

Friday, 09/11/2020 9:50:50 AM

Friday, September 11, 2020 9:50:50 AM

Post# of 200739
Reasonable concerns but I don't know that I see everything the same way.

I don't believe we need any more deals to materialize, we simply need to execute on the ones already there.

I also don't agree that we have 'tremendous debt'. We DO have tremendous derivative liability... $16m worth at last count... but that's not exactly debt.

The actual dollar amount that we owe is much, much lower. Problem is that because of the drop last year, a $100,000 note we may owe $4-5m worth of shares on that, but that can be overcome.

I agree that I'd like to expand to new hospitals.. but for a $0.03 company, I feel pretty good that some premier institutions are taking our stuff.. and for all we know their adding as fast as we can build.

Long-term fluid sales are not going to make or break this company. We may make some money here or there, and I appreciate that the revenues from the last 6 months have really allowed us to ramp up quicker... but if there is a huge demand for HOCL long-term, I believe that others will come in and make and sell it cheaply... reducing margins and all that. The real value we have is tracking patents and all that. I'm sure hospital decision making on this kind of stuff is on hold right now, so if we're selling some fluids and adding to known customers to get by.... nothing I can complain about.

As far as other industries, we know Dessert Eagle has some O&G contacts, and cannabis is there too. They certainly aren't core and I wouldn't invest on any of those secondary things alone, but I certainly consider them more than 'pipe dreams'. We know at least one O&G company in Oklahoma was a large fluid customer.

We've got a ways to go, but I'm much more optimistic and I just don't see the same danger of failure that you do.