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Tuesday, 11/17/2020 5:18:22 PM

Tuesday, November 17, 2020 5:18:22 PM

Post# of 916
"Firing on all cylinders" BUT heading towards a giant brick wall. .08 -.10 cents per share will be the result of this ammo inc. accident. By month-end, POWW will in the one's per share on its way to pennies per share. Why: 1: Can't make any earnings for shareholders even in a monster mega boom in ammunition which is temporary and peaked on election day. 2: A weak fragile 80 year old CEO with no ammunition industry experience. 3: a weak balance sheet with a heavy debt load that's short term debt. 4: The bullet business is hyper competitive with very low margins. 5: The company has lied and lied since 2017 about gross margins, and its military business (CEO is a bold faced liar). 6: Reverse splits result in stock crashes 99% of the time. 7: a $15 million uplist deal with be highly dilutive and will have to be done at a huge discount to the current price. 8: The shares should be closer to .50 cents per share right now when you use metrics of others in guns & ammo (RGR, SWHC etc.) 9: The company has a person on staff that runs the operations and he has been busted by the SEC in a previous pump/dump scam. 10: The BOD is controlled by the 80 year old COB/CEO and that means weak management stays in place that has proven they cannot run a business profitably for the shareholders. The end result: Bankruptcy 2021.
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