Komo Plant Based Foods Inc (KOMOF)

[Mr. Zen]

I am neutral on it right now, it has great potential however management seems to be building the company up in the eyes of retail investors rather than truly building the business, yes they have announced distribution with several food distributor/retail companies however to see over 1 million shares go to the company that promoted them without a strong follow up means only one thing.. making money off retail shares rather than company growth.
And it is program selling that brings us down to this level, I put in a small sell at the ask and they drop it instantaneously .001under the ask.
The other side of this is what is the next quarterly going to reveal, I want to see the debt go down and the sales go up before I make a decision.
Having been in this end of the market for 22 years gives me a spidy sense for these things, I want to see less retail pump and more business building. I also want to see them in a position to enter the US market, right now they do not have the money for that kind of expansion. I still hold my position on a wait and see attitude.