I think what is happening is Eric is taking on an Acquisition of some sorts that has no to little revenue and might not for sometime. I believe he would gleefully report all deliveries and he has only been able to report 2 deliveries in the last 5 months but juiced them both up each with its own press release. Who does that ? release a press release everytime you make a sale ?
So he acquires this undertaking that comes with expenditures, professional fees. He does not have cash flow. He borrows. Even his Reg A comes with a documented expense tag of $25,000. There likely is more expenses, accounting. Taken from online filing
Has money flowing out and nothing coming in. WB is not exactly set up for this. Everything has to be borrowed, if it can. He really needs this Reg A I believe to come through, but when is it ready to accept subscriptions.? About two weeks ago Eric said it was approved by the SEC. I don't see that myself online.
Next 6 months or so could be very telling. I refer to him as a survivor but don't condone tactics or borrowing and not paying back to survive.
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