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Saturday, February 25, 2012 11:47:02 PM
"My guess would be...My guess would be...My guess would be..."
The Guess'n is why many got stuck with the mess they'in..
Word.....
SO,
Q2 inventory - 1,608,800
Q3 inventory - 1,979,729
Q3 loss 138,500
Now, early 2011 the "owner" returned 700 million shares of common stock to be used in 504 private placements bringing $555,650 in "financing" thru the 3rd Q... Public knowledge....
(The "owner" had these shares returned post A/S increase)
3rd Q report has the O/S at over 3.25 ba ba billionnnnnn...
3rd Q report: cash on hand $54,975...
3rd Q report: returned 700m shares to "owner"...
Over 1 billion diluted shares (excluding the 700 returned) thru some sort of financing be it more 504's or open market..... yet the inventory only raised 380k considering the amounts taken from the original 504's as well the new 1 billion at what ever price...
Inventory did not increase enough to call the dilution a "great move" especially considering the loss of sales/revenue for the 3rd Q..... Drop da Koolaid.... Numbers are played!!! Looks like time for a TYTN "Live Aid".... charity band..
No really.... If at all possible, wake up.... Sure it's a real company and they have stuff.... So does my local deli and they been around since the 90's..... Doesnt mean they should go public thru da Pink Sheets and actually expect it to pay off for their investors.....
If the R/S happens on the company schedule then investors have 3 more business days to buy shares at the current PPS... Could be a Paint on Wednesday? What happens after that is a calculated risk pending on "News" and "Tradability" concerning the ticker.
Good Luck....
:)
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