I think that everyone needs to look forward to the next few months. Everything will be unveiled (good, bad or indifferent) in due time. I am not expecting miracle numbers in Q2 of this year, as they really only had products on shelves early to mid quarter. That being said, I believe we need to see some improvement in revenues and profits and a very solid look into Q3, when all will be revealed. Q2 results will be out in only 3 weeks! I believe we will really see what is in store for all us longs at that point.
Vertical integration or not, our real profits are going to be from our products for now. Maybe someday we make it big in a website like FitnessOne, but for now we need to dig into the supplement market. Hopefully this Q gives us hope, and next Q starts putting cash in our jeans... I know a lot of us would prefer that then to keep pulling more out...
All else is speculation, IMO only. Dilution recently? Maybe, but no proof. Bill a crook? Who knows. All I really know is financials speak truths... The company makes money, the PPS will follow.
Last, I think we all need to be realistic with our expectations of PPS. Is this a .01 company? Not right now it certanly isn't. A market cap of 18 million cannot be supported by any of our current statistics. We are just not that valuable. 8-10 million? Maybe if we show some profits. That puts us in that .004-.006, which in my opinion is a totally realistic valuation of this company currently. Hopefully the MM's unhandcuff us and let us get there.
All of this of course is strictly IMO and may or may not reflect anything valuable, just my opinions. I have read every post, every news article and everything on facebook for 8 straight months. Am I an expert - god no - just commenting on my observations. Good luck to all!!
Go FITX.
