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RookieStockPicker

11/06/16 8:54 AM

#46434 RE: THEBROKE1 #46432

Well that sounds to honest to be a lie. Sure was miss leading the way they put it in the press release. Wonder how many dispensaries they are in now. Also if their products are moving.
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pitts77h

11/06/16 9:19 AM

#46437 RE: THEBROKE1 #46432

The "CEO" doesn't know the difference between debt and revenue?

The revenue came from a personal loan for myself to Founders CFO

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Old Tymer

11/06/16 1:37 PM

#46454 RE: THEBROKE1 #46432

Is someone lying?...

Here is the response you received about where the $300K came from:

"The revenue came from a personal loan for myself to Founders CFO I personally financed all of that money myself selling my home so I'm three cars and all of my 401k so it's a personal loan that I put into it to build this company"

Here is the response that HoT received yesterday. I can only surmise that this response was in response to being asked where the $300K came from:

"the products are only sold in dispensaries across the state of California..."

Well, which is it? The money came from a personal loan, or the money came from selling products in California? This is why it's always a good idea to ask the same question to two different people in a company; to compare the answers. I have a feeling they have not sold any products at all, that the second answer was probably the correct one; the $300K was a loan, not revenue. Which means they are completely out of money; broke, and the only way they can continue is to go with NGCG. Without financing, they will probably fold.

Well, this is starting out nicely! And once again, we have the CEO and CFO of a company who display their mastery of the English language! Longoria's English was bad enough, but these two take the cake! They come across as pretty uneducated.