Komo Plant Based Foods Inc C.YUM.X

Treat this company like it has COVID. Stay away!

[northman]

Cash burn, no business, paying directors/officers/management big money without generating ANY revenue. Equity raising when they know they are going to zero.

I can't think of a single reason to go through the hassle of name changing when this thing will crater in a few months anyway. Yet another way to destroy value - I thought they had run out of ways but I guess not.

IF you pay $0.10 / share for this, you will lose $0.10 share. 1 million shares at zero / share is still zero. 

Disagree? Tell me why. I would LOVE to hear an explanation.

[chesterchew1234]

this is very speculative but Penny White (formerly Green) is now involved.   She worked a miracle with Glance technology a few  years back taking it from .15 cents to $3. 80  it fell back of course but some people made alot of money with that.   I sold too soon.   She was not involved with Hey brian directly at the start and too  was disappointed . 

[northman]

Perhaps you are missing the point of my message. Perhaps you are an insider trying to pump the stock up a little bit. Do NOT throw a few grand at this one. This company has no IP, no cash, no business, no nothing. Think the app itself is IP? The referral technology? This is not IP this is worthless. They have a worthless app and cash burn out the wazoo.  In fact, I am convinced that you are

[chesterchew1234]

Its water under the bridge now. Penny and crew have taken over the company. Share rollback, new widget, new investor money. Glance had the same story. It was brilliant to connect it to cryptocurrency. Buyers are betting she can do something. If you don't like the story, move on. Try crl. Its been incubating for a few years now and ready to pop. Ps. I'm just an interested onlooker.

[northman]

After you last post I had a look at CRL. I would stay away from this one with a ten foot pole as well. They are running a negative working capital and will either need to sell or take additional capital just to stay afloat. They also have a line item that is worth more than 10% of their revenue for Investor Relations. Think about that one. Just took a look at financials again. They have about

[chesterchew1234]

Hey northman. Someone just bought a 100,000 shares of task. Better get on that guy and tune him in. By the way most juniors have poor balance sheets. But then, its all about perception not reality with the juniors

[northman]

I think whoever it is will get tuned in eventually. I agree that a lot of juniors have poor balance sheets, but it's usually because they have some kind of amazing goal / prospect they are reaching towards and quite often they are 'pre-revenue' which means they definitely have a poor income statement. Heybd was not 'pre-revenue' although you might be fooled into thinking so by

[chesterchew1234]

Hey northman Thanks for dissing task and crl. I bought both and am making money. Any others you don't like? In case you haven't caught on, you invest in perception on the junior, not reality. Stay off the junior exchange, you don't have the cojones.

[northman]

Chester - Over a year ago I made the call that Hey Brian would basically be insolvent and I was 100% accurate. I can't foresee what little price swings will occur in the short term so if you made money on one of those swing then good for you. I would caution that if you're expecting to make money off of this long term you will be dissappointed and your best option is to take your money

[bigstar39]

Hello Northman, is KOMO similar to NSP.V ( Naturally Splendid ) ? Can you compare these two ? Any real business here?

[northman]

First blush from the financials - NSP is more of a business than komo, but it is still a terrible business. $30k gross margins per quarter and they are substantially in the hole liquidity wise.  i would see capital raising and other business shenanigans in their future. Recommend getting out like the house Is on fire.  message me if you need more convincing. 

[northman]

bigstar39 - I have taken another look at the financials and am just as convinced as my first look. NSP is losing money at an incredibly rapid pace and they don't have much money left. My guess is that they will be bankrupt within the next 12 months unless a significant capital injection takes place. Which would be insane - because who would put money into this. But you never know - maybe the