it seems that one of the top priorities is collecitng that $11M in receivables thats been sitting on the books for too long. What the he** is going on there. Also, miniscule 4th quarter revs make me skeptical about 2023. Really a very very risky play here . On the other hand if it is true what he says about the optimism of the Wall Street advisors and the hiring of the accounting firm and lawyer there may be reason for some optimism on part of us shareholders.
Maybe not selling a lot of product, but booking them as sales on his hilarious financials that Stuart substituted for the audited financials... If I understand it correctly, Stuart is claiming that he is selling product with prepayment. This may mean a few things. He is booking sales that have not shipped or materialized. He is giving credit to his customers even the he has no money to pay his bills or rent. The "sales" are imaginary and that is why nobody believes him and the stock has fallen to microscopic levels. These sales are to Lowe's, which no longer offers his products. Also, Stu mentioned and still claims that he has a potion and actually shows a spoof video of a paint that can protect from the flames of a blowtorch.. For those of us with our feet on the ground, it is obvious that Stuart's claims are beyond silly.
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