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game king

05/15/19 7:50 PM

#47929 RE: mnpacman #47928

It's bad? I just doubled my position thinking we are at a all time low. No place to go but up. Do you mind posting it please?

BirdsOfFire

05/15/19 10:37 PM

#47933 RE: mnpacman #47928

First all, I realize ADVT is a slow growing startup company--at the moment. What I see is that ADVT needs a partner and their business plan may need to be adjusted . This is no spin, however, at this point I can't do anything about the stock value. I will stay with ADVT because I am under water and hoping things turn around.

IMO, overall expenses still too high: I hope license and fees of $15K is a one time fee. That would be very expensive if this was a quarterly or yearly fee. That means 4 quarters equal 4 times 15K = $60K a year. $60k a year is not worth it if you are not making the profit to pay for this expense. The cost ($146,505.43) of supplies were more than revenue (more than what they made). Not sure what this problem is. I can't believe Internet and Web Hosting costs are $19,800 for 3 months? I will eventually contact ADVT to find out why supplies are so expensive. I hope the Consulting Fees are worth it--whatever they are doing!

Right now the company is stable. The Q1 said at least there were no dilutive shares outstanding as of December 31, 2018, "...There were no potentially dilutive shares outstanding as of December 31, 2018. The (earnings) loss per share is reported as zero as the computed earnings (loss) per share is less than $.01...."