RE:RE:RE:RE:I'm back in this stock
JayBanks wrote:
Chefboy69 wrote: you were telling me to be careful here???? up 35% now
and sky is the limit...I had a wacthlist of TSXV beaten stocks this was at the top of it
Can you show me where I said "Be Careful"?
I'm pretty sure what I said was "Be Aware" and pointed out that your bullish points for being excited were rather thin and a bit ahead of reality for others reading.
I'm invested here too so I enjoy the share price movement direction as I benefit, but I'm not going to contribute in creating 'hype' for a continued 'show me' story until it is on strong footing.
I would say the current uptick in interest and volume is in anticipation of earnings expected in less than 2 weeks, and the hope that they are continuing to move in the right direction. Looking for $50,000+ on profit and all lending usage paid off. Also more info on if already done so or when they are making the move to purchase and install the $200,000 worth of new equipment. It wouldn't hurt or surprise myself if they don't maintain a profitable number, but would like to see momentum to continue. It is likely the quarter during installation of the new equipment that it will affect production and our #s for a small period due to down time.
Profit = $71,000
No News in regard to CAPEX on new equipment, continues to say "in the next year"...
The National (I'm expecting this means Canada only) Resturant Chain that was testing our product the past several months is now a confirmed customer for a custom napkin.
It sounds like multiple American resturant supply distributors and going through trial and testing of our napkins now, so that could be a solid future customer.
We have added to our shipping contractors, they say to help with backlog and future (I thought our backlog was cleared last quarter..)
My only concern is that it sounds like 'clinical and wipes' are getting decreased sales, I would like to know that dentists and doctor offices are running strong using our products, I believe they were people we had a backlog to and were concerned about low supply vs expected increases in foot traffic post Covid. Hopefully, this is a case that they over ordered and are now over stocked and didn't need as much, and not that we lost customers.