Victory Marine Holdings Corp (VMHG)

[SmittyInvestor]

Q3 financials show how bad orlando is running company, interesting NO Explanation on negative revenue yet that is offsetting the Q2 positive revenue which Did NOT have any explanation. Either way he is not creating anything here except expenses.

looks like he going to predator lenders and its costing big interest which will end up turning into shares when debt holders converts shares for 50% of current price which means the real interest rate is HIGH.

Amazing he is keeping his $25,000 a month salary when there are no results, no boat sales, no assets acquired

This is truely looking like and acting like a sub penny stock
Sad the owner doesnt know what to do and greentree financial is willing to suck this dry with its lending program at the expense of shareholders