RE:RE:RE:Dear Rob Fia
PingPong888 wrote:
Yes. You are right. Rob is continuously buying shares. The number of shares that he is purchas0ing is not consequential enough to indicate something absolute is on the way for the company. I have concerns with its debt to equity ratio and potential dilution of shares. The company has $50,000 of monthly expenses, and; Within three months approx. $1000 cashflow or revenue received Within three months approx. $8,000 cash equivalent if needed to liquidate Within three months approx. $62,000 defecit The only direction that I see for this company is hope for a buyout from a larger organization. The perception from stakeholders may be that Rob Fia is putting his hands in too many things. This does not portray a good image to the company - subjectively speaking. I have been an angel investor for other companies and I am a shareholder investor of this company. The two things we look for are financial stability to manage operation and potential for market product or service. I've been having hopes for this company. However, when having a closer look at the financial numbers I now have concerns of short term operation feasibility. If memory serves me right, CFOs of both Rob Fia's company being Therma Bright and City View Green has turned over... There are some real red flags for this company. As I had mentioned, I want this company to do well. If the results of the Zika test was really good, then why has the company not received early private placements and investments yet? These are just my opinion... and concerns... Wishing everyone the best on all sides...
Well said, but the financials have always been lousy. In fact, they were far worse for a long time. To his credit, he's brought the company back from the ashes and a lot of that was due to his own $.
However, it will be such a huge waste of time and resources to have brought it back only to fail again. The initial product does work but that has all been but forgotten in hopes of this zika thing. All over the map with no focus is one of the biggest problems. But sales and cash flow as well.
I firmly believe that Fia is too proud to get and take aadvice from folks smarter than he is. He thinks he can do this all on his own, and it isn't the case. He is NOT a business man. He's a banker-type. Big difference in running a company vs. selling companies and investments and banking .
He needs help with branding, marketing, sales, distribution etc etc etc none of which he has done well, if at all! just my 2 cents.