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Erbb

01/22/16 11:57 AM

#70041 RE: slingwing1 #70038

Just read the CHAIRMAN "s PR.

The answer it's there.

Count wait until 2/15/2016.

:-)

RVC

01/22/16 12:01 PM

#70043 RE: slingwing1 #70038

Significant-volume-for-trials-product-with-no-margins
What this poster fails to acknowledge in these relentless redundant repetitive messages is the fact the extrapolation is based on full priced/battery-life product.
There is lack of transparency from the company and reasonable indication that the product being shipped is "7 Day Trial" product that does not have any profit and is instead sold at a loss, likely because company has batteries nearing end of life and they need to move the product before the batteries are not reliable.

So, company seems to have derived a "7 Day Trial" campaign, very clever, to move the product by essentially giving to sales channels.

This is rational explanation for the increased sales volume yet lack of any profits in most recent "Un-Audited" financials shared from company.

Fundamentally all this hype is irrelevant if the PPS continues to decline. At this point does not matter if the company is moving product into bazillion new sales channels, if the product has negative margins then we will continue to experience TOXIC Dilution, decreased PPS, increased OS & AS and zero profits with accumulating losses and friends of the family indebtedness.

This "friends of the family indebtedness" guarantees profits for the family and all but ensures investors are taken to the cleaners.