CEA Industries Inc. (CEAD)

[Mortimer Randolph]

To absolutely no one’s surprise I agree with this post. The valuation of this company as expressed in the share price is absurdity low, and that sucks for sure. However, I don’t believe the executives are maliciously harvesting investment dollars for personal enrichment as some have suggested. Maybe I’m wrong. We’ll find out in the coming years. I’m way underwater and Im pissed about that but I’m glass half full guy with this company.

Half full = “Positive operating cash flow, $22m in cash, over $11mil backlog”

Half empty = “ The "raise” [was for] payroll surplus for the Exec board just so they can ride this out, exhaust the 17M in cash, and close the doors...”