As far as I am concerned you can call the CEO yourself, I am done with you. I am not taking any offense to me personally. I just take offense in your ignorance to do any real DD, but yet you post your stupid false conspiracies of "you are not convinced that the company isn't selling shares" despite all the factual information I have posted over and over again that disproves this.
I will however leave you with this before I put you on ignore for good, because I have already explained this to you before, but you just ignore it, proving you don't pay attention or you have an ulterior motive hidden somewhere to constantly try to bring up concerns that have been previously addressed.
The new management, assembled by our New CEO Mr. James, came on board about a year and half ago to turn this company around to make it into a viable business. Mr. James past and present record clearly prove his financial wizardry. He knew he wasn't going to turn the company around with the current brands, so he went out and created the Martha Stewart Essentials line and sold Martha on the idea and struck up a deal & got it in every Walgreens across the nation. He also acquired the Bikini Ready & Slim Trim brands and reformulated the whole Surgex line. Then recently did another small deal for Intrinsix that could grow into something much bigger down the road without costing the company any up front money. Now he has just struck a partnership with Terra Tech to produce oil-based hemp supplements from the hottest, newly legalized MJ sector.
But let us also not forget how our new CEO went out and got in excess of $5 Million dollars by moving the company across the river into NJ to take advantage of redevelopment tax program that provided the company with a cash infusion of over $5 million dollars. He also completely restructured the large debt left by the failed past management. He has made it clear from day one and has announced publicly that he will not utilize dilution to grow the business, but rather he will bring in new product lines that will support and grow the company through increased sales and revenue. He has done all this to improve their balance sheet and get them to a cash flow positive state asap.
Almost all of this has just taken place in the past 6 months and yet you want the CEO to state the time frame of when he thinks they will become profitable during this initial stage of expansion. Now he could give you an estimate of what he thinks, but MR. James has also made it very clear that he will not state anything that he is absolutely sure of. The reason is due to all the wild projections that are tossed out daily by all these other OTC companies who will say almost anything to pump their stock so they can sell shares. They even go as far to pay stock promoters to make outlandish claims to entice buying, all the while the company and the promoter are selling their shares. Mr. James and his management team do not operate like that in any way shape or form, so he has made it explicitly known that the company will not pay for any stock promotions of any kind or utilize dilution to support and grow the company. They are doing it the right way, which is unheard of in the OTC markets, but that is what sets this company apart from so many others in the OTC markets.
The CEO also recently hired the world renown IR firm RLM Finsbury as their new IR company. He didn't go out and get some cheap and sleazy paid stock promoter, instead he hired a well respected form to represent the company. It is his goal to get this company turned around and out of the OTC markets and on a higher exchange. Yes it will take some time, but in the first year and a half they are proving they can do it just the way he said they would.
Despite all this you keep throwing out these questionable barbs against company by insinuating they are selling shares over and over again, despite it being proven they have not in all their filings. As a matter of fact I was almost done typing this message to you when Mr. James called me for our arranged telephone conversation about the details of the Terra Tech partnership. I mentioned to him what you are stating again and he laughed and said the company has not and will not be selling shares as I have always stated many times. Then he said to have you call him directly and this way you will hear it straight from him, so you don't keep making these ridiculous statements.
I will also tell you that Mr. James totally refuses to give out any projections, as he does not for good reason and I already shared with you why he wouldn't, because he isn't like the other otc companies who use as a form of manipulating shareholders. NRTI is in their early growth stage and if you don't believe they will be successful based on what the company is doing and planning on doing, then you need to move on and find another company to pester. Your threat about being a long term shareholder rest simply on this one question will not be answered, so I wish well in finding a better opportunity in the market that is better than this one.
I can't force you to do your proper DD here, but I can and will thwart your attempts to try and mislead people with these statements you keep making about the company and its management that are completely false with the verifiable facts. Eventually investors will disregard your post entirely, knowing that what you say is wrong!
Ok now I have to get going on writing up my summary about my conversation with Mr. James that just ended. Monday should give you a great opportunity to sell for some profits and move to something else. Cheers!
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AI
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