Helix Technologies Inc. (fka HLIX)

[amazingkarma]

I'm curious as to how they claim that additional franchises won't add any additional expenses. Last year proved that to be absolutely wrong. Also, they keep with the "brochure" number of $50K in revenue per store per year when real world results, including stores open for over a year, is $35K a year on average.

That is a significant difference.

Also, they tend to ignore the fact that the only opened 2 or 3 stores the entire last quarter. That will only add about $20K to their revenue over their end of year numbers.

Also, while they talk about the $5.4M in cash, they seem to forget about the purchase of the franchises and the $1.25 per Q cash burn which will not change much given that they're not opening stores at any impressive rate.

That gives them about another Q or two before they need another financing tranch that will further dilute the stock just to fund operations, the WORST use for financing.

These pumper sites really irritate me the way they ignore what is happening on the ground and continue to pump, pump, pump.

Some honestly would be a refreshing change...