RE:RE:RE:RE:RE:RE:Excerpt from Stockwatch...cashed up! Future?Mostlyserious wrote: Not funny but if it wasn't clear, that is probably half my break even. Bought some above $5...you know, when Ghezzi was scaling up monthly production from 10,000 units to 20,000. At $10,000 per unit, that is $200 million monthly revenue. OK, may not sell 20,000 units but if 10,000 unit capacity is not enough....
Alright, sounds too good to be true, so let's slash this to 2,000 units per month....$20,000,000. Scale it down to 1,000 units. Still good.
Reality? Probably didn't even sell 20 per month. Hats of to him for pulling off such a misleading communication campaign and getting away with it. He never ever provided real updates. Only the good stuff, and hid the rest like Health Canada thing. Announced the testing to impress upon us how GoC and various government levels may be in the market, but never revealed the test results or whether they were even completed. Material information? Everyone can judge for themselves....it sure felt important enough to announce that testing would be done....
The guy has a lot of courage to tweet what he tweets. He should hide under a rock and come out once he stops shrinking the company and grows it back to where it was a few years ago.
20 per month, not even, wondering if he sold 20 units at all for that crappy garbage equipment?!?... Can't post here what I really think about this company and his "star" CEO, except that he has ZERO respect for shareholders!! I've posted this a few times in the past, this story should have been look by the Authorities!! But where are they when you need them?!...