One just has to stop drinking koolaid and take off the rainbow glasses.
CEO wants to give impression company is doing well.
CEO recent red flags:
- Negotiating an OS count increase by 63M - heading into Q2 - which signals his disengenuinity and lack of good will for shareholders and shareholder value.
- Cannot PR that they shipped "record" 1000 cases - like a normal company would. Especially if it's a record.
- Cannot update shareholders with ballpark sales - give them an idea what they're buying into. This would be minimal courtesy for accepting 100% risk for 25% reward that the shareholders here face.
- Cannot invest in an IR firm - it looks very unprofessional for individual shareholders to be dealing with this porker.
- Cannot reveal owners of the 613M shares - potentially creating substantial doubt of an arms length transaction and creating a criminally or regulatory pursuable situation.
- Communicates with individual shareholders and without IR firm potentially creating an opportunity for insider information.
-Never reveals the real reason as to why shareholders do not own 100% of Bellissima - I believe this is tied to his secondary interests with Southridge