RE:RE:Analysis: TerraNova's Accusations re. LND/PHM/CXV DirectorsI'll add some food for thought.
This is the company we all invested into as of Sept 29 2015:
“We are delighted at how well Inspira has grown over the last twelve months,” said David Costine, Chief Executive Officer of Inspira. “We’ve been experiencing good cash flow along with an expanding loan book and we look forward to releasing our quarterly financials due at the end of October,” continued Mr. Costine. “September was a strong month and we booked a record number of loan term sheets. At the current pace, we hope to achieve our goal of a $500 million loan book sooner than expected, without any need of additional equity capital.”
This is the company we're now invested into as of today, based on the lastest presentation they seem to have been rushed into making:
For a typical $10,000,000 revenue client: • Inspira projects it will have revenues of between $700,000 and $500,000 per year
Growth Potential 50 out of 14,000 potential clients
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Let me make it clear in care you don't see the numbers. Over a year later, they've completely switched around the model this company bases its profits on, yet they still expect the exact same magical 500 million book number we were promised initially, this time in terms of total revenue for all 50 potential clients. The difference today is how many shares are out, how erroded the value of each of our individual shares now is, and how much the mgmt is paying THEMSELVES back in dividends, effectively killing our book value and cash flow.
But I guess this is all TerraNova's doing!