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Posted On: 02/24/2020 5:10:13 AM
Post# of 11802
Re: nonsequetor #8653
Well stated! The Company and who appears to be some type of IR for the Company have made enough forecasts that have fallen flat to write a book. Forecasts that have been proven to be hype include sales forecasts, lawsuits settlement forecasts, buyout forecasts, mergers with Platinum Hedge Funds Lifescan, uplisting to Nasdaq, big box stores ect ect .
While I hope the new products attain a nice slice of the pie in terms of the vast market share, given its limited financial resources and past history it is difficult to even think about getting excited.
This is still a Company that for the large part is not investible for 99.9% of the investing community because it is not audited and does not report to the SEC. Perhaps a Company could buy it, but the deck is stacked against shareholders and very heavily tilted towards insiders if a buyout became a possibility.
While I hope the new products attain a nice slice of the pie in terms of the vast market share, given its limited financial resources and past history it is difficult to even think about getting excited.
This is still a Company that for the large part is not investible for 99.9% of the investing community because it is not audited and does not report to the SEC. Perhaps a Company could buy it, but the deck is stacked against shareholders and very heavily tilted towards insiders if a buyout became a possibility.
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