First off the $25,000 I put in is profit from a short position I took back in 2008 when this thing was $13.97!! split adjusted it was $65,000 a share!! I bought this company when it initially went public at 3.25 with 3MM shares outstanding!! I am going by memory so my numbers may be off after 4 years hard to remember!! I knew Woodbridge was a dude, and the management were painting a false picture of reality!!
So why would I buy this POC!! well simple I am a value investor!!! I said day one when I bought this POC that the second they paid down the debt, that it was price below bankruptcy since they do $3MM plus in sales and their Gonzales site is definitely worth at least 3 Million!!!
Anytime I can buy $3,000,000 for $500,000 I take it!!
Am I really investing $25,000?? No!! I am just not falling in love with hating a company or loving it!! I just love profits, and I think a half penny is still in the cards!! Add a MJNA deal and we might see 0.008 or $5,000,000 MCAP!!
Hope this helps you understand my position, and why I can afford to invest in a company that I still believe is managed by a MOROOOON, with too much overhead and still find a way to make money!!!
I do not love paper, I just love profits!!!