CEA Industries Inc. (CEAD)

[WhistlerSky]

I've been off-line for the last few months but feel it's necessary to post a brief comment after today's Q1 results.

Embarrassing, unacceptable and frankly incompetent.

If someone can explain that what's transpired over the last 6-9 mnths is a genius strategy biz plan, I (and several others on this blog) are all ears. This is far from it. The inability to seize on an evolving industry and promote positive growth, whether through biz activities or organic expansion, is mind-boggling. Using "supply chains issues" as an excuse is simply a failure to do your job.

The "raise" during the Nasdaq uplist was to build a payroll surplus for the less-than-savvy Exec board that is doing absolutely nothing to improve the company's position, just so they can ride this out, exhaust the 17M in cash, and close the doors in the next 4-6 QTRS. Be warned.

The stock will drop below a dollar in the next 10 dys, then we'll see matching value to the pre-split days of yester-year. Wow...never thought I'd see this stock post-split drop below a dollar.

Maybe I'm thankful now I sold 90% of my holdings pre-split at 8 cents.