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rut2k9

05/13/15 11:21 AM

#31302 RE: Pure_Greatness #31301

So what makes you think this will become a pattern?? I agree this board can be a joke sometimes with all the non facts and emotion posts but I deal in facts.



His pattern is:
1. Issuing shares
2. Lining his pockets
3. Selling nothing of any value to create any lasting value.

The split was a necessary outcome of these facts. He finally reached the point where he couldn't do 1 or 2 if he didn't split, and his history of failing at business (or really, not trying) made it necessary.

MFlores

05/13/15 1:49 PM

#31303 RE: Pure_Greatness #31301

Losses were a pattern prior to Playboy.

Facts:

In May 2007 Playbev entered into an agreement with Cirtran to manufacture, market and distribute Playboy energy drinks (refer to 2007 10K)

Losses were a pattern prior to 2007:

2007 (7,232,524)
2006 (2,854,369)
2005 (527,708)
2004 (658,322)
2003 (2,910,978)
2002 (2,149,810)
2001 (2,933,084)
2000 (2,791,888)
1999 (3,768,905)

The problem is not Playboy. The problem is Mr. Iehab.