Here we are in 2022, YPB is still alive, Houston is still CEO and us shareholders have been diluted more than those cheap cocktails you get on an all you can drink club crawl through Bali.
So, what does YPB have in store for 2022?
Two things suprise me about YPB, being: Their ability to raise new funds and their inability to secure more meaningful sales contracts.
With Everblu under the microscope, I think YPB will have a harder time raising fresh funds. When you review the last three years finanicals, I fail to see how anyone could see YPB as a solid investment oppertunity. IMO, buying YPB shares is like gambling… like placing $10 on zero when playing roulette and closing your eyes.
On the sales side, it looks bleak. Fluffy announcement after fluffy announcement. I wonder if we will see YPB announce that they are working to protect RAT test kits…. They always seem to announce something that is connected to the “flavour of the month” but disconnected to any meaningful monetary value.
I think we will see YPB continue to suffer in 2022, it needs a leadership change IMO and the chances of that happening when Houston issues himself shares like confetti is probably not going to happen.
Good luck to all shareholders…..
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