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Posted On: 05/15/2017 7:27:18 PM
Post# of 75101
Re: marketmover #34191
That was the story last time though. They bought the catskill mountain but don't intend to purchase more equipment, but they increase more shares in order to pay off some Shark Tank guy....sales are down....no more equipment...how are they expecting to buy more things and get this company profitable in the next year or so?
I took a quick glance at the numbers and they're not "positive", but there is a lot of reading that can explain some things, but at first glance I'm really wondering what the hell is going on here.
Amazon wasn't profitable for 15+ years, so it's not like that is really an issue if they continue to grow revenue, but they have to keep raising capital to stay in the game. Is that the plan? Just raise capital at all costs to keep the ride going? Are they hoping this Sharktank angle will spread some word out?
I took a quick glance at the numbers and they're not "positive", but there is a lot of reading that can explain some things, but at first glance I'm really wondering what the hell is going on here.
Amazon wasn't profitable for 15+ years, so it's not like that is really an issue if they continue to grow revenue, but they have to keep raising capital to stay in the game. Is that the plan? Just raise capital at all costs to keep the ride going? Are they hoping this Sharktank angle will spread some word out?
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