Replies to post #61082 on Easton Pharmaceuticals, Inc. (EAPH)

[User-65225]

Convertible stock is whats killing the price. Its the worst form of financing.

It wouldn't be as bad if there was some accomplishments to counter the effects of the dilution, but there have been none... and the trend reflects it

[i_Trade]

“INTENDS to use the funds to complete various acquisitions”

There’s a road that leads somewhere that’s paved with good intentions. Most likely the money will pay the CEO salary.

“the company's growth plan which includes POSSIBLY expanding its licensed products”

Possibly? The “PLAN” is to “POSSIBLY” expand its licensed products? What a joke. CEO doesn’t even have a solid plan on how he’s going to use this dilution.

“ utilization of a POSSIBLE sales force”

Another POSSIBLE use for this convertible loan. Another direction for the company that the CEO isn’t sure of. Question though - If the Bayer deal is a sure thing than why isn’t the CEO using more certain wording about selling Bayer’s product? I’m going to guess this deal is as sure of a thing now as it was 3 years ago when it was first announced.

[likwit]

Easton Pharmaceuticals Announces Signed Agreement With Medicated Markets International LLC, A Major California-Based Medical Marijuana Grower

http://www.marketwired.com/press-release/easton-pharmaceuticals-announces-signed-agreement-with-medicated-markets-international-otc-pink-eaph-1979885.htm

Easton Pharmaceuticals Inc Is Pleased to Announce Definitive Finalized Agreement With Medicated Markets International LLC, a Major California Based Medical Marijuana Grower

http://marijuanastocks.com/eaph-finalized-agreement-medicated-markets-international-llc/

Easton Pharmaceuticals Provides Update on Its Medicated Markets Partnership, Joint Initiatives and the Booming Medical Marijuana Climate in California

http://marijuanastocks.com/eaph-provides-update-medicated-markets-partnership/


What happened? poof... gone... like a fart in the wind... never to be talked about again and hope nobody noticed or remembers.

What happens to the “massive’ EAPH deals after they are signed? Why are they swept under the rug and then never talked about again? It appears they certainly love talking about ‘closed’ deals in the moment that never end up actually being closed in the end. 200M shares were issued for this deal, where are they? Where is all the promised revenue? Last I checked, revenue was still $0 last year, once again.