Monday, April 26, 2021 7:36:31 PM
From what I see, many more people see Success in the future, but not failure! On paper, BRCHF looks like it has the "Can't miss" tag, but only time will tell? So many things can happen, some good, some bad, so nothing is never guaranteed, especially right now? The number of AKIDAs being built suggests 1,000s being built, not in the hundreds! But people want to see what kind of revenue will come-in from the AKIDA placements, then the seemingly upcoming surge of customers? This Penny market can be brutal if even one thing goes wrong, like just too few PRs... mishandling of funds...too many outstanding shares, etc..? But then again, just about any early formation Company in this market are in the "Shoe Kissing" phase, where they get Nickels, and the Loaners get whatever the P-Company will give them, often under such ridiculous terms that most Investors will think the management is stupid and/or incompetent!
On paper in the early and even later stages, the 10Ks look like Cr--, with the serious among us feeling everything is going against them, and stay far away from the Pennies! With little money and tough pay-back terms, it is a wonder any Penny Stock ever makes it beyond the first year!
I know of early P-Stock Co's getting 10Gs at a time, or more rare 25Gs, and it better be utilized properly or that P-Company will never get another dime from that loaner! How can any P-Stock Co' develop with that kind of help? Brutal!!! I don't think we have to worry about loans anymore, even with more sane terms more suiting our needs!
Then the Creditors must walk away satisfied, along with us who stood by our Penny Co's through the years? IMO only... GLTA...
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