ToughBuilt Industries Inc (TBLT)

[John_Vallay]

I find it very funny that the CEO used the word fervently in his comments paragraph.
That shows me that he is trying to show he is smarter than everyone else. How many times a day does he use that word?

Terrible word to use.
As for the stock - it will continue to decline because there will probably be a private placement at a cheap price and then a reverse split to stay on the nasdaq.

At the end of December they only had $2.5 million in cash and their burn rate is going to eat up that cash in months.

More capital raise means more dilution means lower stock price means the ceo is happy with his $635,000 salary plus his bonus. Stock means nothing to him because he only owns 303,102 shares. That is 2% of the company.

He can care less about the stock as long as salary and bonus keeps coming in.

All this is being done on the back of retail investors buying the shares on the open market.