Thursday, December 19, 2013 7:39:17 AM
Are you seriously suggesting that the negative facts about JAMN aren't really facts?
Just to let you know - you're about to show some bias!
Most young companies go out of business not because of sales, but because of an inability to control costs. JAMN has shown that they can't control costs; they hide it by paying for things in equity, which dilutes the value of the stock. The sales growth rate has slowed and it's likely we're going to see a plateau in sales.
But the stock price shows a completely overvalued company. They don't have earnings; they have no real assets; they outsource almost everything involved in the coffee production. The market cap is $40 million and this year they might do about $7 million in sales by the end of the 4th quarter, so they're doing less than 1/4 of what they should be doing for their current "value".
That's the thing - it does matter!
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM