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BionicBoy

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BionicBoy

Re: Penny_Agent post# 134468

Tuesday, 10/18/2022 3:29:38 PM

Tuesday, October 18, 2022 3:29:38 PM

Post# of 142779
He obviously doesn't care about stuff like production costs or on-hand cash burn rates.

From July 2020 - July 2022 GC netted $4k gross margins at the point of production. This is not acceptable if a water company wants to continue bottling water.

During this same time, they have also burned through most of their on-hand cash and have added significantly more debt.

Near zero money is being generated for the company and they are almost out of cash.

What do you think is going to happen next?

My posts are my opinion and nothing more. You should always do your own DD and do not buy any stock or anything else simply based on what I say.

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