Its just **passing the buck** to the commons.
Post# of 9964
Marani: Hey, we never shipped anything like we said we did internationally in multiple press releases yet. . . We never shipped the brandy nor the wine nor the national commercials or print ads nor did we advertise on the tour bus, nor did we even confirm we shipped more than one container last year.. Tax stamps ? The container was loaded and "ready to ship" to Brazil after 3 month delay..
Heck, 2/3 of our executive management left without alerting shareholders and we borrowed $100K (Bodie) worth of toxic financing when we said we wouldn't.
As a result, **its your fault** for our lousy execution and dilution ! for not being positive and having "more faith" in us..
Me: Where are the fins for this qtr? Why did you let half of the state licenses expire? Why even bother with them in the first place / what are your plans for US distribution? Who is your Brazil distributor within "coming days"? Joint agreement for subsidiary is done right? should be legally public.
I am only here as a learning exercise and am trying to trade better in the future. (as you recommended I do) This is a perfect example of risky penny play IMO... I can't believe how Margrit is treating everyone now as not even releasing these material events. The fins will validate what they spent all the funds from these notes on.. Lets see how the big "costco reorder sold and holiday traffic. Funny how Margrit has not mentioned Costco in a PR for months. Biggest and most respected chain - you'd think they would give a shoutout to them on the FB ..
Part of playing OTC is correctly reading DD to see if its BS with limited information.