Pennystock
Thank you for wanting to engage in a productive conversation.
here are my questions which I am hopeful you can answer:
1 - SofPulse has never had any sales. Ivivi went public via Maxim Group. At that time Ivivi had $40+ million to sell & promote SofPulse, unfortunately sales never occurred.
With respect to a real discussion, What say you to past sales?
2 - Ivivi gave up on the product, which then allowed Alan Collier to buy the product. Since he has owned the product for many years now sales have been nil. I do not consider $100,000 sales. When I say sales I expect millions of dollars, especially when Endonovo has had the product for many years now.
With respect to a real discussion, What say you to Ivivi giving up on the product and Endonovo never materializing sales
3 - A few years ago Endonovo/Alan Collier filed an 8K with the SEC providing Proforma numbers. In that filing Mr Collier had $300 million as expected sales for SofPulse
With respect to a real discussion, what say you - How do you trust a CEO that makes such a statement and how do you believe anything a CEO says after being 100% so wrong
4 - Endonovo has entered into well over $9 million financings that are convertible notes. the convertible notes are issued on average at a 35% discount to market which means the stock price is guaranteed to go down due to those conversions
With respect to a real discussion, How can anyone expect the stock price to go up when Endonovo has so much current and long term debt that can only be paid by issuing shares at a 35% discount to market/
5 - Endonovo balance sheet is upside down, meaning they owe $21 million and have only $21 thousand, as per the last 10Q
With respect to a real discussion, how can they run a business with no money and considering the debt load, is it safe to assume a bankruptcy filing is more likely than not
6 - Endonovo has raised approximately $40 million in total,a s per the last 10Q
With respect to a real discussion, what did Alan Collier do with that money.
I can not emphasis enough that your last post was welcoming a real discussion.
I look forward to reading your responses to my questions because I value real discussions when making or considering investments
