Unless you are trading on insider information how you do now it has no cash? The Q shows its cash position on a date specific, how does that prove it has no cash?
How did it build Vir2o, FFF and Brandon12 have been saying it has no cash for 18 months now that is 6 Q ago. Fact number one argument is challenged, how do you know it has no cash? If you only see one day of its cash position? Love to get an answer or we give that argument a rest.
How did it build the apps, finish Vir2o, doing all these pilots? Since the last Q? --- Fact please …… It has access to cash from somewhere. How did Kay travel to Nigeria to promote Vir2o, I know Delta does not accept monopoly money.
Since you try to debunk deductive thinking, let’s do one exercise.
Are you admitting that it has access to cash when you say it is using toxic funds? Cash is cash toxic or not. So could you be the one misleading us? When you try to allude to a pending failure due to lack of cash? And at the same time say it has access to toxic funds. Are you arguing both sides of the same point? I am not saying it is still using toxic funding I just want to point to the follies of your argument.
On the other hand how do you know it will not find alternative funding source since it has never been in this position before? Which are the 2 divisions we are seeing news about, not pr, news, as there is a difference.
Now, to the BIG POINT. “The common shareholder dos not have time for a grand plan”. Everything in their Q and K was a grand plan, Remember ECDC did not have a business in 2010, no operation it was a shell. So what exactly was the common shareholder investing in when he/she made the investment?
Deductive thinking
So, a common shareholder invests in a business that has no operation or business and was hoping to make a killing within months because it ‘a penny with a great grand plan. Whoa! You said no grand plan. See deductive thinking does have some merit to it. There has to be a grand plan to build a business if it had no prior operation. Making bad investment decision does not make the company bad.
What was that you were saying about “real lack of substantive DD” you must be referring to that common shareholder
GLTA GO ECDC!!
