I agree with you all the way. There are so many companies out there who sell shares and have a pipe dream, or even worse, with the sole intention of dumping shares to make a profit.
They have no product on shelves, they can't afford to advertise, and they certainly do not have anything in the back of my trunk that I use on a weekly basis.
I have learned to stay far away from these companies. The pinks don't even have to report to the SEC, for such things as we might see on balance sheets and income statements. And the ones that do report normally have such negative retained earnings that it will be years to recover, if ever at all.
Thank you for pointing out all of these things. It's especially refreshing to know that with a probable large amount of NSS outstanding, the company has chosen to let them play guessing games as to exactly what the price will be to cover.
And those worthless PRs from companies saying "we hope," "it is our belief," "if things go well," etc. Don't you just hate those? Nice that we are invested in a company who talks about relevant events like buying out the manufacturer and providing them a LOC and that earnings have surpassed what we once thought may have been inflated.
Thankfully, you and I are invested in one that is going to burn those shorts, huh? Glad you're on my side because you have pointed out excellent reasons why I made a good move in buying this at .007. Good to have you on board.
P.S. When are they bringing in the first string?
AI
