Let’s do some FACT checking:
“So the annual report for 2024 was a good one.”
PRETTY SURE THE ANNUAL REPORT FOR 2024 WON’T BE SEEN FOR ANOTHER YEAR. THAT’S IF THE COMPANY STILL EXISTS IN ANOTHER YEAR.
“Definitely a sign that Max can turn Tri Cascade in to a company that was losing money in previous years to a company that can make money.”
BESIDES THE YIELD SIGN, AND THE FACT THAT POSRMX LOST OVER $1M IN 2023, AND MILLIONS MORE IN PRIOR YEARS, WHAT SIGNS IN THE REPORT INDICATE MAXINE CAN DO ANYTHING EXCEPT FOR FAIL? THE DETAILS IN THE REPORT ARE DAMNING. POSRMX IS A MONEY PIT FULL OF PRODUCT IDEAS WHICH NEVER BECOME PRODUCTS. LAWSUITS LOST AND JUDGEMENTS OWED. HUNDREDS OF THOUSANDS OF DOLLARS IN LOANS BEING TAKEN OUT AND BLOWN THROUGH FASTER THEN YOU CAN SAY E-BIKE WAS A PUMP. OH, AND IN 13 YEARS AT POSRMX, MAXINE STILL HASN’T HAD A SUCCESSFUL PRODUCT.
“I've been bringing up Revenue over and over again. Well it's finally over $100K in the 4th quarter of 2023!!”
YOU’RE THE ONLY ONE WHO HAS BROUGHT UP REVENUE?
SHOCKING NOBODY ELSE HAS THOUGHT OF THAT. AND WITH THE CROOKED FINANCIALS, NOBODY REALLY KNOWS WHAT THE Q4 REVENUE WAS, JUST LIKE WE DON’T KNOW WHAT THE Q3 REVENUE WAS EITHER SINCE IT WASN’T CHANGED FROM Q2. WE ALSO HAVE NO IDEA WHAT THE GROSS MARGINS ARE, SINCE THEY WERE 40% IN Q2, NEGATIVE IN Q3, AND MIRACULOUSLY 94% IN Q4.
“Furthermore part of that money is from Allied Rich which is a continuous flow of income now.”
OH-NO. ANOTHER DEFINITIVE STATEMENT OF FACT WHICH CAN’T BE VERIFIED. I GUESS IT COULD BE SAID THAY PART OF THAT MONEY IS FROM FACE MASK VENDING MACHINES AND I DEFY ANYONE TO PROVE IT’S NOT. SO EASY TO SAY THINGS WHICH CAN’T BE PROVED, AND EVEN EASIER TO FIND SUCKERS TO BELIEVE IT.
“So the good news is the 1st quarter should be around $100K in revenue as well.”
DID MAXINE ISSUE GUIDANCE ON Q1? WHERE WAS THIS GOOD NEWS FILED? I RECALL THE GOOD NEWS IN 2021, ACCORDING TONTHE GOOD NEWS SOURCE, WAS A SINGLE “PRODUCT” WAS GOING TO SELL HUNDREDS OF MILLIONS OF UNITS RESULTING IN NET PROFITS OF $12.5 BILLION ANNUALLY! IT’S 7 YEARS LATER, AND THAT “PRODUCT” WAS NEVER PRODUCED. HOW’S THAT FOR GOOD NEWS.
THAT ACTUAL GOOD NEWS IS THAT WE ONLY HAVE TO WAIT 7 WEEKS TO SEE THAT $100K BULLSHIT GO UP IN FLAMES.
WOULD MAXINE NEED LOANS FOR HUNDREDS OF THOUSANDS IN Q4 AND Q1 IF THERE WAS REVENUE OF OVER $200,000? DUH!
“However $300K per quarter is the goal in upcoming quarters. That would mean the company has become stable and solvent. I am very confident Max and Bob can do that.”
ALWAYS NICE TO SEE A RANDOM NUMBER THROWN AT THE WALL TO SEE IF IT STICKS. AS IF $1.2M ANNUALLY CAN HELP A COMPANY THAT LOSES $1.2M ANNUALLY, AND HAS A DEFICIT OF MILLIONS AS WELL.
ACCORDING TO THAT GREAT REPORT, THE COMPANY IS NOT ONLY FAR FROM BEING STABLE AND SOLVENT, BUT IN THEIR OWN WORDS THEY NEED MORE LOANS AND MORE 1-A OFFERINGS, WHICH MAY NOT PREVENT OPERATIONS FROM BEING SHUT DOWN. SO, BASIC MATH AND LOGIC ARE CLEAR HERE, $300K PER QUARTER WON’T CUT IT, AND WE’RE TALKING ABOUT A COMPANY THAT HASN’T HAD $300K REVENUE IN 13 YEARS COMBINED.
“Especially since we are exiting the recession, at least from an investors point of view. There still may be the grand finale of the recession this summer when gas prices are predicted to go back up over $4 and even $5 per gallon.”
WOW! WE ARE IN A RECESSION? THIS IS BREAKING NEWS! SO DUMB TO BLAME COMPANY FAILINGS ON A RECESSION THAT DOESN’T EXIST, AT A TIME WHEN THE MARKETS ARE AT ALL TIME HIGHS.
“The bottom line is once some of these 13 products shown below start selling then $300K per quarter should be no problem”
THE BOTTOM LINE IS THAT IT’S THE SAME SONG AND DANCE EVERY QUARTER AND EVERY YEAR. “IF” “SHOULD” “COULD”, ARE ALWAYS WHAT POSRMX IS PREDICATED ON.
IN 2021, THE SAME SONG WAS SUNG ABOUT “18 PRODUCTS” BEING WORTH BILLIONS IN SALES, AND 7 YEATS LATER NOT A SINGLE ONE OF THOSE “PRODUCTS” WAS PRODUCED OR BROUGHT IN A PENNY.
HELL, IN EARLY 2023, THE COMPANY SAID 2 ADDITIONAL PRODUCTS WOULD BE ON THE MARKET BY END OF YEAR, AND ANOTHER WOULD BE IN BETA TESTING. NEITHER OF THE 2 PRODUCTS ARE ANYWHERE TO BE FOUND AND THE OTHER PRODUCT WAS LISTED IN THE K AS BETA TESTING A YEAR LATER THEN WAS SAID IN 2023.
Based on FICTION and FANTASY, this SHOULD easily be a $5.00 stock.
Based on FACTS and REALITY this IS a .0002 stock, down 99% from the high of 2021.
FACTS always matter.
FICTION, not so much, unless you like Harry Potter, or thinking this is a good company.
Bearish
