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Re: tractor4sale post# 64211

Friday, 05/03/2024 9:50:17 AM

Friday, May 03, 2024 9:50:17 AM

Post# of 64726
I thought you were going to ignore me? The truth is hard for you isn't it?

“Anyone who is calling out SEC violations, exposing fraudsters, and demanding accountability is definitely “whining”?! Really? That is an odd definition of “whining”? Is that how scammers and/or rotten companies view such things?

Let’s focus on the facts.

Not only were you wrong about dilution (and MUCH more here). You were extraordinarily wrong. Why not simply acknowledge that, apologize to those you may have misled, learn from your mistakes and move on?

According to the most recent 10K, TSOI:
-only has $27,823 cash on hand
-has more than $2 million in debt
- burnt through ~$2.2 million in 2023 alone (with dilution being the only real revenue source how many more BILLIONS of shares will it have to dilute to keep up with these costs? What is the likelihood it will be able to do so?
- Net interest expense increased approximately $223,000 to $646,000 (calculate how many more shares will have to be diluted just to cover interest)
-Legal fees rose (431,197) and R and D was cut significantly (560,654). It is now an early stage bio that does not have any current clinical trials registered, has not completed any registered clinical trials and is spending almost as much in legal as it is R & D.
-Sales fell from $206,767 to $98,994
- Sales profit were only 62,226 for the year (Girl Scout troops make more)

I could go on, but I don't think many reasonable investors need to know any more.
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