TSXV:RLV.H - Post by User
Comment by
CscottRunon Feb 12, 2018 8:58am
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Post# 27543489
RE:Bad management they say hmmmmm
RE:Bad management they say hmmmmmSpamBot3000 wrote: First off before i discredit both Kezzler and Excel lets look at the numbers and the arguments of both Kezzler and Excels points on bad management.
1) Paying themselves quote "god knows what" in consulting fees, well with some very simple DD you can see that with 1.15 million in sales in a quarter they paid 75,000$ in consulting fees which is basically the exact same fees they paid on the same quarter this time last year even though there sales have risen drastically, secondly one must consider that RLV is a company based around aquisitions and expanding sales, in order to find and aquire profitable buisnesses one must use "consultants". So to say this money is going to the Management is just ridiculous. And frankly even if it was with 1.15 million in sales this is a very small price to pay.
2) Paying themselves quote "undeserved salaries" , now this one made me laugh as if you look at the financials you'll find "Administration fees" these are the salaries of the directors as well as any accounting fees along with a plethora of other possible expenses, now RLV paid out 78,000$ in Administration fees, now if this was going to just one person that would be an "undeserved" salary but there are 6 directors at RLV so lets do the math here 78,000$ split by 6 is 13,000$ over 3 months (a quarter) is 4,333$ hardley an "undesereved salary" thats assuming that these 6 directors are the only "Administration fees"
3) "Horrendously bad proformence" Really? I mean Really??? In what world is increasing sales by over 50% in your first 50 days considered "horrendously bad proformence" or having the vision to understand the endless possibilties of TagSpire and jumping on merging with this tech to turn it into somthing huge considered "horrendously bad proformence"?? I can only assume your meaning of "horrendously bad proformence" is based on the volatility of there stock price which when a company is a public company is out of the hands of management and into the hands of the investors.
OK now on to Kezzler lets all not forgot whom Kezzler thought of as "great management" which was the team over at SX whom tweeted and pumped there own stock to a price of 2.90 before it came crashing down to reality of about .40cents, and lets remember Kezzler openly admitted to selling for quote "huge profits" all while telling anyone who would listen on almost every board that SX was going up to 5$-10$ so tell me this how does one believe in a company so much they believe its going from a matter of cents all the way up to 5-10$ and yet sells at 2.50-2.90$ I'll tell you its because hes absolutly full of sh!t and helped alot of hard working individuals out of ALOT of money, this man is not to be trusted and any word spewed out of his mouth should be considered verbal diarrhea and immediatly flushed down the perverbial toilet.
As for Excel I believe he is simply an uneducated fool who invests based on things he reads on SH without doing any DD which is obvious with his quote of "god knows what in consulting fees" I mean finding that information was ridiculously simple. If you go back in his post it wasnt that long ago he was pumping RLV so hes likely a disgruntled investor who bought into RLV expecting a quick buck without understanding the stock market and realizing most stocks dont act like Weed stocks and investments in companies are a long term endeavour. GL making money Excel, investing is for the patient and those willing to do some DD and dig deep.
bad management they say! Ha these guys are going places and those that dont have the vision to see that will be left in the dust!
GLTA except kezzler and Excel y'all can go eat a d!ck
Well said and lets also remember Kezzlers extremly childish outburst when he claimed he was going to short attack RLV then buy up ALL the shares to destroy this company showing what kind of clown we where really dealing with. Thanks for the good read SpamBot!!