ToughBuilt Industries Inc (TBLT)

[John_Vallay]

BOTTOMED OUT you say.

This stock will be back to 30 cents within 2 years and then they will do another capital raise and another reverse split.

Anyone that thinks differently does not understand Investing 101.

This company can do $100 million in revenue and the stock will go down to 30 cents even faster than 2 years.

Does anyone know why the stock will go down to 30 cents quickly? The answer is because they need to have capital to support the sales increases because they need inventory.

Management will not take on additional debt because their balance sheet does not allow dent to be taken due to inventory levels and cash flow needs for the business and since the CEO has less than 1.5% equity ownership he would rather keep diluting shareholders and not add debt.

Anyone that thinks differently needs to explain to me how and why the stock will go up, keeping in mind that TBLT was over $2,500 a share (that is two thousand five hundred) a share on a pre reverse split level.

Yes that is $2,500 dollars a share in last 3 years all the way down to $13.20 based on reverse splits.