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Microcap Woman

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Microcap Woman

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Monday, 11/16/2020 1:07:34 PM

Monday, November 16, 2020 1:07:34 PM

Post# of 916
FACT: Ammo Inc. just LOST 2.3 million dollars in BOOM TIMES for ammunition. Fact; Ammo Inc lost tens of millions of dollars in BAD times. FACT: The 80 year old and his weak management team can't make money in good times or bad times. FACT: The ammunition business is too price sensitive and way too competitive for this company to survive much longer. The balance sheet needs cash fast or look for a Q1 bankruptcy if the DILUTIVE "$15 million NASDAQ uplist" doesn't materialize.
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