Posted On: 08/10/2015 1:45:16 PM
Post# of 43066
"And the question for you: If he's putting in 200K a month, why isn't that money going towards fixing the processors? Why only a little at a time? Why not fix the entire company and move forward with his business plan? Why not prove to the world his processor is financially profitable?"
If the investors here asked themselves some of those questions, they probably wouldn't be investors. That's a filter. Investors have every incentive to ask themselves some of those harder questions...but they don't have the psychological wherewithal to ask themselves.
Regarding the money, it's hard to say where Mr. Heddle's money is going...but it's very possible that most of the money Mr. Heddle is loaning to the company is going to pay himself. Most of the expenses are SG&A and that could certainly be his own compensation in various forms.
It looks to me like this is entirely a shell stock again, with Mr. Heddle paying himself and paying for a few incidentals. The money flows through the income statement but it doesn't seem to be doing anything.
The next largest expenses are depreciation, which should really done as a one-time impairment, and interest which is accrued and consistent with the debt at 12% now owed to Mr. Heddle. Neither affect the cash flows.
If the investors here asked themselves some of those questions, they probably wouldn't be investors. That's a filter. Investors have every incentive to ask themselves some of those harder questions...but they don't have the psychological wherewithal to ask themselves.
Regarding the money, it's hard to say where Mr. Heddle's money is going...but it's very possible that most of the money Mr. Heddle is loaning to the company is going to pay himself. Most of the expenses are SG&A and that could certainly be his own compensation in various forms.
It looks to me like this is entirely a shell stock again, with Mr. Heddle paying himself and paying for a few incidentals. The money flows through the income statement but it doesn't seem to be doing anything.
The next largest expenses are depreciation, which should really done as a one-time impairment, and interest which is accrued and consistent with the debt at 12% now owed to Mr. Heddle. Neither affect the cash flows.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
