One point to make perfectly clearThis stock hasn't been making lows because of what Sorrenson and I have been posting.
If posts on Stockhouse influence a stock's price at all, then you definitely don't want to own that stock.
Despite the huge decline in the stock's price from its high, this company is still cap'd at $210 million.
The company certainly has a prolific news flow, but the most recent news that provided anything more than future promises was the Q2 release, which announced a $13 million loss on $5.8 million in revenues in the preceding 3 months.
The company masks their depleted cash position by including "and pubicly traded shares" with actual cash in the release.
It simply has to be running on fumes.
They had $1.2 million in cash left on June 30th.
The article on Tuesday was certainly a shot across the bow.
The company was operating under far less stringent financial controls prior to being uplisted.
Where there's smoke there's fire.
Nobody has a crystall ball, certainly not I, but I can't see how Q3 will be anything but disastrous.
You might laugh, but I HAVE in fact been trying to save people some money here.
Maybe you don't like some of my posts and my conclusions, but they're conclusions supported by facts.
By audited numbers.
If this goes sub $1.00, as I believe it will, it won't have been my fault.
And you'll regret not having sold it today.