TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Jan 20, 2021 9:06am
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Post# 32332206
Every investment needs a stoploss
Every investment needs a stoploss For the real shareholders: when do you cut off the nonsense and preserve what you have left?
The past quarter had almost NO revenue ($300k in total - including sell-in disinfectant and an e-commerce biz that should have continued as all other e-commerce businesses have...what exactly happened here???), record losses and a statement that said they cannot foresee breakeven in the next twelve months.
They have stated this on January 19th, 2021. This clearly is admission that there is NOTHING good coming.
Let the paid advocates that received shares and warrants for their efforts continue to beg you to hold while Aurelio continues to get paid handsomely...and you know how he gets the cash to pay himself?
By issuing "unlimited" (stated plainly in fins) shares and warrants to ensure he and his friends get paid millions.
All the while NOT paying his company debts.
One key fact:
Annual sales: $2.9 million < $4.2 million liabilities
What more do you need to say "enough is enough Aurelio!"?