Tuesday, November 29, 2022 10:50:27 AM
I think people need to separate the company from the stock.
The stock is a bloated pig that ongoing dilution will overwhelm existing shareholders.
The company, while growing due to a change in business model, is still losing money at an alarming rate. They are using deferred money from new customers to help pay for wages and supplies. Imagine if some customers cancel. Will they have to wait to get their money back? Kind of like a Ponzi scheme at this moment in time as the company is struggling to obtain new sources of money, hence the need for short term loans and the Reg A filing.
New acquisitions cost money and/or stock , one which they have very little of and one which they have an unlimited amount.
Ask yourself why Bobby T barely owns any common stock? Most of you own more that he does. Does he know something you don’t?
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