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parrot head

03/09/17 1:51 PM

#11836 RE: rmuncast #11831

He'd have to report if he bought and sold. But it was very odd that they published a PR without names of the builder and project owner. They certainly spoke about numbers which got people excited, then redacted the entire thing. So it was shitshow no matter how you look at it. However, given the poor financial condition of the company it felt like they're trying anything to draw some new money in. They lost $1.1 mil by September of 2016 which was a direct result of revenues dropping from $1.2mil in 2015 to $512,000 in 2016. Their accountants voiced that they're concerned about the company being able to continue. This company is in big trouble financially according to their filings so proceed with caution.