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Re: Utah Flash post# 108124

Friday, 07/14/2023 2:41:03 PM

Friday, July 14, 2023 2:41:03 PM

Post# of 113410
But you can't speak a sound word on why my advice is not sound. Instead, you take the Yota people and hope the Asians are idiots because they would be giving 17 million in stock and tens of millions of dollars to a company that is in financial ruins. Asians are smart and hard core businessmen.

Oh wait, it's no longer 17 million shares. Well yeah which is why saying the deal is close to done is an obvious lie. The bankers know that even if somehow I am dead wrong, the original deal has to be restructured. And therefore, no banker has raised a dime to date.

The chance of this deal getting done is a long shot at best. In banker terms, that means pray for a miracle.

When the first quarter financials are released, it will become much clearer that 2 of my predictions will almost be even money. Loss in excess of 30 million for the year and below $1 million in revenue.

Remember the other 2. They will be selling a frozen product because fresh is a logistical nightmare. They will have to add processing to every facility that is not in the viscosity of a local processor.

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