RE:RE:Watchme/johnale & method In my opinion, thanks bever, that's exactly what I'm saying about the outstanding, the company is going to need financing to continue for the long run, there's not a hope in hell they'll service debt, growth, and long winded purchase orders with no money in the long term tank. My reasoning for lack of credit on the facility is because of the loan it completely washes the facility out of the assets. Brand: well it's hiway, its kke, its high end, its low end trimmer product, there's no proper brand here just chasing tailwind, hiway is not even months old, and kke is destroyed now, so realistically what credit do you actually give for that?
bever64 wrote: But who the hell wants to buy a .12-.15c stock with 480m shares outstanding? How do you justify that as a fund manager?? The only way they are gonna attract institutional investors is by bending over and taking one for the team..for example , find a funder ...rollback 10-1 , 48m shares new float...then issue for example 52m new shares @ a bad price (say .50c) raise 25m dollars and voila you have a company well funded and with only 100m shares outstanding. Sh t like that i would be scared of.
bever64 wrote: Good to hear all your arguments..i will say you are the only 3 i really pay attention too. Watchme your "expose" on how hard it is too actually make money in this regulated-competitive environment is bang on however i do believe you fail to give proper value to supreme facility and nationwide sales network & brand. Now johnale they dont "need money" but seems like the entire industry is erroring on caution and bringing in money anyways. Maybe a financing is tied to a consolidation/new investor? Who knows i just dont like the tape and understand it cuz if someone put a gun to.my head and said buy or sell i would buy here