News Focus
News Focus
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Bubae

01/29/21 7:38 AM

#109482 RE: Chester the Investor #109480

Read the filings and the only sequential growth you will find is in loses, debt, and outstanding share count. You are right though the hype is what is needed to move this stock. They will, as always drop another PR next week to plant the seed. Of course yesterday's PR was a dud. They only spend $3000 on sales and marketing Q3. They spent a lot more on hiring these money managers to move shares and that is the focus. The annual last year wasn't released until April. I wouldn't look for it sooner this year either. Surely will disappoint in my opinion.

"The net loss for the three and nine months ended September 30, 2020 was $1,500,000 and $14,254,000 as compared to a net loss of $3,196,000 and a net income of $4,027,000 for the three and nine months ended September 30, 2019, respectively."

Sales and marketing expense for the three and nine months ended September 30, 2020 amounted to $3,000 and $151,000, respectively, as compared to $79,000 and $461,000 for the three and nine months ended September 30, 2019, respectively, which are decreases of $76,000, or 96%, and $310,000, or 67%, respectively. The expenses for the nine months ended September 30, 2020 primarily consisted of developing a sales operation, with some previously reported expenses, primarily management costs, reclassified to general and administrative expenses. Expenses for the nine months ended September 30, 2019 consisted of primarily the same items.

https://sec.report/Document/0001493152-20-021394/
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Heywood4164

01/29/21 11:01 AM

#109487 RE: Chester the Investor #109480

This company doesn’t release earnings until April or May, expect losses in the millions per the usual