FOR CLARIFICATION PURPOSE ONLYDECEPTIVE definition-Giving the...

FOR CLARIFICATION PURPOSE ONLY

DECEPTIVE definition-Giving the appearance or impression different from the truth

MISLEADING definition-Giving the wrong idea or impression.

Let’s review what is claimed to be deceptive.First is the fact that sales receipts are trending significantly lower than the past even during key seasonal period like Christmas (December)as per the latest 4c statement.Second short term profits appear to be driven based on the 4c report and online publications by short term promotional events, significantly lower marketing investments and changes in product .The fact is that margins are lower than in the past, significantly lower sales receipts have been delivered in 14 consecutive quarters and the competition is investing and growing in the market (even some at double digit rate during the pandemic) as per IRI.

Let’s review what is claimed to be misleading.First the public knowledge fact that some cash was returned to some investors does not change the fact that cash has been reduced significantly even If you add back the cash returned.Please also take into consideration that the majority of the cash was received from investors at a significantly higher share price I.e. 90 + cents and the total cash returns to date combined are not even close to a breakeven proposition for them and that the cash returns given to shareholders also benefited management and board members.

FACTS ARE NOT DECEPTIVE OR MISLEADING THEY ARE ONLY THE FACTS -DYOR