AI
Wednesday, March 30, 2022 1:51:53 AM
And now, for the REALITY story: Taking an unprofitable company and adding failed, unprofitable cafes like Chicago and Guelph and the non-cafe Badd Noos Non-Cafe may increase revenue, butt it does nott solve the core prollem of UNPROFITABLITY and endless, never-ending OPERATING LOSSES.
SnL was basically selling $5 bills for $4, and that caused ______Ben to have a 'cash flow bind' (cough - he ran ~OUTT of money to cover the losses) and he had to sell SnL to Rogernocchio and AMFE. SnL built two new cafes and it was/is still bleeding LOSSES, which so far Rogerinocchio has covered up by printing endless new shares, raising the AS twice in one year, and selling scads of CONvertible debt notes.
So, not content to settle for selling $5 bills for $4, SnL then acquires three failing moneypits (Chicago, Guelph, Provo) which are selling $5 bills for $3.
Revenue growth is counterproductive when operating losses and sunk costs grow even faster as a result.
By selling $5 bills for less than $5, one can generate as much revenue as one wishes - butt it is not a viable, profitable business to do so - and this is why SnL is screwing shareholder-victims by adding LOSSES that need to be covered by increased share issuances, AS increases, and CONvertible note sales. The same pattern continues run by the same exact Clownshow that has brought shareholder-victims 95+ percent LOSSES in PPS over the past 4+ years. AARON and ROGEN bailed on this shitshow after only 9 and 6 months, respectively.
As JOHN QUINN stated, 'Glueing two rocks together just makes them sink faster'. Buying failed junk because it is cheap means one just winds up with junk. Cafes, non-cafe, starlit distributors, NSI, Tokin, Mourning, Gro3, etc.
Now, about the owning the supply chain story ...
Speaking of Tokin ...
Ya gotta believe! AARON and ROGEN lost their faith - and it took less than a year for them to see the real shitshow situation and bail.
SnL was basically selling $5 bills for $4, and that caused ______Ben to have a 'cash flow bind' (cough - he ran ~OUTT of money to cover the losses) and he had to sell SnL to Rogernocchio and AMFE. SnL built two new cafes and it was/is still bleeding LOSSES, which so far Rogerinocchio has covered up by printing endless new shares, raising the AS twice in one year, and selling scads of CONvertible debt notes.
So, not content to settle for selling $5 bills for $4, SnL then acquires three failing moneypits (Chicago, Guelph, Provo) which are selling $5 bills for $3.
Revenue growth is counterproductive when operating losses and sunk costs grow even faster as a result.
By selling $5 bills for less than $5, one can generate as much revenue as one wishes - butt it is not a viable, profitable business to do so - and this is why SnL is screwing shareholder-victims by adding LOSSES that need to be covered by increased share issuances, AS increases, and CONvertible note sales. The same pattern continues run by the same exact Clownshow that has brought shareholder-victims 95+ percent LOSSES in PPS over the past 4+ years. AARON and ROGEN bailed on this shitshow after only 9 and 6 months, respectively.
As JOHN QUINN stated, 'Glueing two rocks together just makes them sink faster'. Buying failed junk because it is cheap means one just winds up with junk. Cafes, non-cafe, starlit distributors, NSI, Tokin, Mourning, Gro3, etc.
Now, about the owning the supply chain story ...
Speaking of Tokin ...
Ya gotta believe! AARON and ROGEN lost their faith - and it took less than a year for them to see the real shitshow situation and bail.
