Decentral Life Inc (WDLF)

[thehawk72]

"WAS" a major disconnect from reality. It seems like Ken has gotten more realistic this year. Said he was wrong...and if my company was in the trips, I would be a little humbled also. It is nice for the CEO to be positive, but yes, realistic is very important also. Really thought last years revenue was the start of that. They did a nice job getting revenue, but think they took the eye off the ball for continual growth going for a homerun. Since that didn't play out, they are basically back to square one. But...the fact that they have the low burn rate, and haven't diluted in years...they have done a few things right in my eyes!! And I still firmly believe they have a ton of upside potential.
The lawsuit I think was done with good intentions. But I'm firmly in the belief that is why the stock has taken such a hit. The defendant companies played this down as a form of retribution. While I still think it would be down from the .04, I think it would have settled in the mid double 0's. Maybe with the lawsuit finally settling, it will get back there soon. I'm not big on the whole shorting thing...but those companies have a ton of power and ability to do whatever they want to a stock (perfect example is when they do have shares to dilute, they pump....and WDLF with no dilution hasn't gotten those pumps). Q3 rev's will be similar to Q2, so hopefully they go back to the basics and get this rolling in the next few months. WAY too cheap to sell at this price, and don't see Ken throwing in the towel. So as funds are available, I won't be able to help myself but to add anywhere in the trips. GL