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Friday, December 01, 2023 12:51:57 PM
Not an endorsement given the disaster he created at the company he is running from.
727,660.385 shares out... not many?
Insiders have most, so will bleed out month by month to pay themselves.
800,000,000 authorized - so unless using insider $ for operating will need to dilute in midterm.
100,000,000 awarded in March for consulting and payments
20,000,000 issued to Branded Legacy (another bil share co with virtually no revs and years of no success)
acculated deficit $5,648,992 as of September (and growing)
assets - 26,025
Revs 164,500 , minus op cost, Gen admin, sales/ mkt = loss $18,000
weighted shares out - 692,660,385
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SO... while hope springs eternal the co has mgt that has NEVER marketed, sold, managed a sustained profitable co... in years.
That HAS generated several companies that have benefited insiders at the expense of common retail holders.
CAFI starts now in a deep $ hole with thos mgt. At the very least caution is prudent, and a 'prove and verify' track record is needed to show this effort is different.
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