InvestorsHub Logo

camsmith

05/19/22 3:05 PM

#14318 RE: stockmule #14315

wellllll. When I made the post (May 9) the Jan-Mar 2022 results hadn't been filed.
And the prior quarterly report filed (Oct-Dec 2021) results, as published (unaudited, by the way) show an almost EIGHT HUNDRED THOUSAND DOLLAR loss.

When I lose something, it's disappeared. I "lost my keys". Ya know? They've gone. Until I find them again.

Only the reason I used the word "disappear" on my May 9 post (and had previously referred to the loss on May 6), was, indeed the dollar bills that continue to dwindle in the company coffers of Nightfood, were reduced by SEVEN HUNDRED AND EIGHTY THOUSAND in quantity, during October, November and December of 2021.

I replied to Dean as he was indicating Sean is likely to get more than his $6k a month soon, as everything becomes wonderful and amazing. I countered that this is purely an assumption.

We have what? Unaudited accounts showing that SG&A came in at FOUR HUNDRED AND SIXTY NINE THOUSAND DOLLARS for the 3 months. Who got all of that money? That's a lot of selling, general and administrative expense considering apparently there were next to no sales. Love to be a general or administrator for that company, no?

The company has no employees. Just contractors. Significant interest cost burdens to raise more and more cash. And continues to drum up supposed investor hype/interest on the promise of a better tomorrow.

And yet Vistar still, has no product in their warehouse. May 19 folks. End of April the POs were "all received".

Where is the product? Typically Vistar POs have a 2-3 week lead time only. They don't keep months of product - generally turn it every 14-18 days.

Maybe their trucks broke down?