peeved "well the news was good but not what we wanted.
IT is a big deal to be profitable. I don't know why everyone so upset. There is no Katz money yet that isn't great but it doesn't mean it won't happen."
I totally disagree that it was good news. The market disagrees too as the pps plunged 18% on 67 million shares trading. There was hardly any news. The plan for the first quarter published months ago was very detailed and extensive. My impression now is that little has happened. If you check OTC Markets you will still see the warning based on the fact that there is broker making a market in the shares. We have not been informed if Katz is out of the picture now. My guess is that he is. It is very strange that his name has not been mentioned for months now since so much hinges on his money.
To me it looks extremely naive to attach any importance to the statement that the company may be profitable this quarter. Can Mr Strickland be trusted? My view is that the answer is no. We have recently seen that the number of authorized shares must have been increased to 5.5 billion no later than June last year. The O/S was increased by more than 300 million shares in June last year. I find it telling that nobody has cared on this information. Did Mr. Strickland inform the market in June last year when this happened? My impression is that the company's owners were kept in the dark for more than half a year. Can anybody provide evidence that this impression is wrong? My impression now is that we have been taken for a ride. If a person is not truthful about the past and no revenue seems to have been generated so far I think there is scant reason to take suggestions of profitabily in t he current quarter seriously.
Market Data 
Markets 
AI
