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Monday, January 31, 2011 5:45:02 PM
Meanwhile ... the month ends in a few hours ... and "Our webmaster has estimated the cart will be available to the public by the end of the month after testing“; Posted by Smokefree Innotec on Jan 25th, 2011 in Smokefree Press Releases.
That's just the latest PR that's revealing by looking at what has not happened.
The thing that is most amazing is there is an endless supply of stock. Some of you guys are buying hundreds of thousands of shares (or more) everyday.
Whenever we see financials, I will be amazed if the outstanding shares haven't been further diluted.
Some how management funds their salaries and operating expenses. They also needed to secure outside "Startup funding for the initial inventory has been obtained and inventory ordered". So that's not being covered by cash flow from sales.
It's going to be exciting when the web site "opens for business". I'm just wondering what they did with the money they raised through dilution, why they don't reveal the outstanding share info anymore, what happend to the $400,000 they raised in Europe to fund the initial orders over there, and when we are going to see readily available product and sales results. I say "show me".
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