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Alias Born | 02/18/2020 |
Wednesday, June 16, 2021 5:36:17 PM
Look at past posts for your DD, this is a one man + two part timers running a subscription website for people to list their boats for sale. He doesnt own anything, NO Assets, all pictures here have nothing to do with anything they own.
They make NO Money because revenues for a established company dont go over $3mil a yr
Owner comes up with ideas such as start a dealership in costa rica so he can write off his vacations to costa rica. Did you see Travel & Ent Expense in finacnials when you did your DD?
Then he take $120,000 salary when he is not working full time, try calling down there, nobody answers the phone.
Did you see the recent "press Release" to update shareholders in your search for DD, a bunch of nothing, no solid plans for revenue generation. He has had 3 years now to transform this website into a company and all he can say is he is working on ideas. And he needs more money (via selling/diluting shares) to pay to look into these ideas.
this ran up because a fraudster started a rumor they were going to merger with a boat builder. NO Verification from anyone, media hoax, false news to drive up stock, someone should have reported the two people posting it, they cashed out and left everyone to talk about how this website company which generated $2.4mil in revenues and owns NOTHING is worth $$$Millions, ha
Ask anyone for DD, there is none, this isnt a company worth even a $1 million. if they werent selling millions of shares the past two years they would be bankrupt. Did your DD show you how many shares they had last yr at this time and how many were sold off since?
What DD do you have or do you just talk about it?
I am revising my prediction down from $0.05 to 0.01 as that is where this started before the fake rumor.
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