Apollo Healthcare Corp Warrants (03/01/2022) APHWF

RE:RE:RE:RE:RE:Bad time for release.....but not all negative

[gary7789]

I think investors should be concerned with current management's ability to stop the slide in revenue. That may continue given their reputation and relationship with Costco & Walmart is now lower than most other retail brand alternatives. Poor customer service (including but not only recall) did that. Once that is gone, it will take years to get back. They are no position to acquire anything in their current situation. The numbers you are looking at are in the rear view mirror. I have zero confidence that they won't be burning up their cash in the coming quarters just in operations. They fired half their people but continue to pay their "leadership" $2.4 million per year x 2. At a run rate of $120m in revenue, that's a bad joke. They screwed up big and not sure its recoverable. That's the reason the stock is "cheap" .. because it is really is not cheap. I don't even know you can count on them maintaining their current book value. They are done in the hand sanitizer business unless they give it away. That's all over for them. Other people are taking that share.