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Re: BlazingStocks post# 67375

Monday, 02/14/2022 7:26:45 PM

Monday, February 14, 2022 7:26:45 PM

Post# of 68089
They've allegedly sold a handful of drones over the years (which they resell at a small markup - they don't manufacture drones or anything else) at undisclosed prices. There's no evidence that they actually sold them, but even if they did, the sales would be at a substantial loss to the company since they always report gargantuan sales/general/admin expenses, which wildly dwarf any revenue the company has ever generated. More and/or bigger deals would just mean larger net losses. Howco is likewise run at a huge operating loss on purpose - it's window dressing for this share selling scam. They lose millions a year and have to (and presumably want to) continually take on new toxic debt just to keep the lights on and pay Bannon's $600K+ annual salary. Everything I've just written is clearly self evident from every quarterly and annual report the company has ever issued, and clearly reflected in the price action, which is best visualized as a black hole of dilution and reverse splits—traders' money can't escape the event horizon. That's why if you invested $80,000 in this stock in 2009, you'd have just 8/100ths of one penny left today. And yet Bannon will keep pocketing his $600K every year along with who knows how much of the upfront cash from toxic notes. SCAM. Buyer beware.

I never give buy/sell/hold recommendations or financial advice. Be careful with your investment dollars, especially in the pink sheets.

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