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I agree with most of what you say. Tom has had to

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Post# of 11899
Posted On: 06/12/2012 1:21:01 AM
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Posted By: zaxdada
Re: EliteYoda #311

I agree with most of what you say. Tom has had to dilute to go forward and my ONLY problem with that is the accounting as to where that money went. We know he stated several ongoing financial objectives (ordering products, audits, etc.), but without an actual accounting or financial statement, he can say what he wants and it really doesn't mean much.


Any buyback/retirement IMO will be way down the road. Firm long term funding would need to be in place before that would be financially possible. Until revenues are being accrued on a regular basis, selling shares is how the bills get paid. Sucks, but that's the truth with any start-up (pinky or otherwise - unless funding is in place of course).


I would love to see the timeline as follows: revs from Cannacig, audits complete, long term funding, revs from pp and ppp (or related products), uplisting, share retirement (1 billion), share buyback (250-500 million). Throw in completing BOD anywhere in there (before uplisting). If that timeline came to fruition, those holding shares would be VERY happy as the pps would be in the $1.00 range IMO. I know unless something unforseen happens, I'll be one of those happy shareholders!



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