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Re: just Scottie post# 84562

Wednesday, 09/28/2022 1:38:46 PM

Wednesday, September 28, 2022 1:38:46 PM

Post# of 96286
There is no real profit to speak of...this company has lost millions in the past few years (net) and constantly has to dilute to raise capital. In my opinion, very poor business model with overhead expenses/acquisitions far too high (currently) and focused on too many "future" (unproven) ideas. Jewelry is one of the highest mark-up items in the consumer market and with the volume of sales in the millions, real investors know something is amiss when there are outstanding loans, and dilution occurring just to raise enough capital to continue purchasing inventory.