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feddupwithnitwit

06/18/09 11:43 PM

#8797 RE: dounome #8795

oh my, dounome
you're starting to sound worse than me! lol

I didn't want to give my opinion of this morning's PR in fear of sounding too negative for this forum but since you already went there.....
The only thing I was impressed with was the length of the PR. I don't think I've ever seen one that long (yeah, I know...that's what she said lol).
As for the content, I think it had more negative than positive. Every company has good and bad news but usually they try to focus on the good news in a PR. That's just the way it works. That's not necessarily being deceptive, it's just reporting on the good news. Why bother reporting on bad stuff? They should disclose that if asked but as far as PRs go they should keep it focussed on positive developments. This PR did not accomplish that simple task. Again, I don't know what Whitney and Paul are smoking when they put these things together but they could do a MUCH better job! No question about that.
Secondly, the most glaring thing that nobody seems to talk about...and trust me, I'm reluctant to myself...is the 20% growth compared to what Whitney himself projected at the beginning of the year. Anybody remember? He said a "double" in fert sales, remember? Well 20% isn't close, is it? Actually, this PR said about 20% overall...and silver sales is up from last year so that means the fert sales will be less than 20%. That's good but not good enough and not even close to his projection...AGAIN.
Third, they mention expanding their customer base thru the WFS merger with Agrium but almost in the next breath they say they are only focussing on existing customers due to financial constraints...and also that they are able to fill "MOST" of those orders. How can you pick up new custometrs if you can't fill any of their orders and how can you keep existing customers if you can only fill most? Again, this doesn't work. He should have mentioned where they stand on financing. If they're close then tell us. We're still left scratching our heads and praying and relying on psychics. lol
JMO Take it or leave it.
I just wish if they do get a big private placement from a real investor who won't rape us like the guys in NYC did, I wish I could write the PR because I have a feeling they're going to screw that one up too.
Way to go Paul. You get another big fat "F"!
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metalmania

06/19/09 6:21 AM

#8798 RE: dounome #8795

Boy you got it wrong.This P.R. shows they have everything is in order.All lines of products are in place.The only thing left is the financing and that is coming.When have you ever seen a sub-penny stock with this kind of launching pad.Yes they screwed up with the N.Y.C. boys but someone will come forward with cash.It.s the year of the bail outs...