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mr_sano

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mr_sano

Re: ndforlife post# 59120

Tuesday, 05/25/2021 10:53:45 AM

Tuesday, May 25, 2021 10:53:45 AM

Post# of 59549
Gpft reliance on toxic funding is a major issue. The $450k they just borrowed from Auctus has a very high interest rate and I’m sure will be a cashless repayment with shares that auto adjust for dilution. Another major concern would be anemic sales. For a company rolling out a so-called “disruptive” product...350k for 1st Q doesn’t come close to covering the fixed costs. It’s also less than 2020 sales!
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