Yawn! You know who might have a point if the comp
Post# of 12484
(Total Views: 105)
Posted On: 04/10/2023 11:40:37 PM
Re: ThreeEmInEn #4202
Yawn!
You know who might have a point if the company hasn't been upfront with its shareholders in their filings.
" With the loss of a contract with the State of Rhode Island, revenues from advertising associated with bus shelters will be lower on a going forward basis until such time as new opportunities are either put into place or an expansion of other revenues are generated."
"Neither the Company nor Street Smart Outdoor have secured additional financing to support operations. We are attempting to partner or otherwise develop a capital strategy to allow us to grow the outdoor advertising business that includes financing outdoor structures with other parties, in which we arrange financing arrangements, and we continue to look for other professional organizations that we can partner with in expanding our contracts."
"As of today, our principal source of revenues is derived from Street Smart Outdoor Corp. operations in the outdoor advertising business with contracts in place in New Jersey, and Tallahassee, Florida, along with some other minor contracting work that we are currently reviewing to determine if we shall continue pursuing in the future. We are currently in discussions with a nationally known outdoor advertising firm to manage and expand our operations, either through a joint venture, partnership, and or a management arrangement as a result of the company’s insufficient working capital and as an option to allow for the expansion of our technologies and or contracts by working with other parties that can bring management expertise and or other resources that may allow us to further optimize our growth strategies"
Medrecycler-RI " Given that legislation has been approved in Rhode Island that has made the projected unlawful, the PPA and the project has ceased and the PPA will be otherwise terminated."
I suppose some people wants a company to fail and continue with projects that have not pan out .
Here we have a company that knows that certain projects have not pan out and decided to go back to it original business plan.
But this time instead of going alone like in the past, this time they have two strong partners FoxEss and PT.IDN Solar Tech to provide expertise and guidance going forward.
.
You know who might have a point if the company hasn't been upfront with its shareholders in their filings.
" With the loss of a contract with the State of Rhode Island, revenues from advertising associated with bus shelters will be lower on a going forward basis until such time as new opportunities are either put into place or an expansion of other revenues are generated."
"Neither the Company nor Street Smart Outdoor have secured additional financing to support operations. We are attempting to partner or otherwise develop a capital strategy to allow us to grow the outdoor advertising business that includes financing outdoor structures with other parties, in which we arrange financing arrangements, and we continue to look for other professional organizations that we can partner with in expanding our contracts."
"As of today, our principal source of revenues is derived from Street Smart Outdoor Corp. operations in the outdoor advertising business with contracts in place in New Jersey, and Tallahassee, Florida, along with some other minor contracting work that we are currently reviewing to determine if we shall continue pursuing in the future. We are currently in discussions with a nationally known outdoor advertising firm to manage and expand our operations, either through a joint venture, partnership, and or a management arrangement as a result of the company’s insufficient working capital and as an option to allow for the expansion of our technologies and or contracts by working with other parties that can bring management expertise and or other resources that may allow us to further optimize our growth strategies"
Medrecycler-RI " Given that legislation has been approved in Rhode Island that has made the projected unlawful, the PPA and the project has ceased and the PPA will be otherwise terminated."
I suppose some people wants a company to fail and continue with projects that have not pan out .
Here we have a company that knows that certain projects have not pan out and decided to go back to it original business plan.
But this time instead of going alone like in the past, this time they have two strong partners FoxEss and PT.IDN Solar Tech to provide expertise and guidance going forward.
.
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