Typical.
No one disputes the universal, world demand for clean water. There are hundreds if not thousands of companies working on a viable solution for emergency and long term solutions.
However, this company has done nothing to forward its product or sales after 15 years and $45MM+ of investors' money. They have had these alliances before and nothing comes of them and no mention of why or what went wrong. When trying to contact these past individuals, one either gets "no comment" or they are not allowed to discuss the details of the separation.
Point me to one of the individuals in this company's past that is willing to openly discuss one of the past partnerships. Just one.
For the sake of debate - lets say this partnership works out. Where does that leave long term shareholders when the company releases those extra 1.5BB shares below $0.003 or lower?
I have said this is a trading play but not a long term investment.
I also said the price would tank after they released the PR.
There is no support behind the volume since and there is no follow up from the company on what those "significant resources" are.
DD starts with the history of PSWS, the current mgmt, and past strategies and performance. That all leads to very suspect assumptions to any new alliances regardless of the apparent legitimacy of those entities. Until the company answers the financial arrangements, the rest is a moot point as PSWS has no cash to fund operations and the stock price has no leverage to provide favorable returns for long term shareholders.
Copying and pasting past PRs, company websites, or articles on the need for pure water does not address the suitability or viability of Puresafe in the marketplace. Only provides hope to naive "investors" that they found a diamond in the rough or the next Microsoft and distracts them from examing the numbers and financial situation surrounding the company.
AI
