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13/09/16
18:39
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Originally posted by stocktraderman
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I don't think I have ever seen a holder use the word "Hope"so many times. Hope is an emotion almost a pray but not a great trading strategy.
This headline of "Potential Revenue"' is classic ramping at best and misleading at worst.
What Revenue.? Divan, oh dear that was for May, June, July, August etc.
Karoke is a whooping 32,000 in 2 months and as for that African deal....well, it's all been said before.
And many talk revunue of 27 varieties , make that 57 and call it a can of baked beans!
The headline should read "Potential Cash Burn" as per their last Q ann.
They have lost $900,000 in 3 months and are clearly projecting a 2nd Q loss of $737,000, ah an improvement! And gotta love those "Admin fees"
You all ask that question about where is the revenue coming from but don't want to mention the 2 letter answer...CR!
It's what they did at 3 cents in May and is keeping them barely afloat now.
And lights, action.....que abuse!
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Hope is being misused. Wish maybe should have been used. Hope is based on previous fulfilling of promises, so it is trust worthy. Maybe K2U has given him hope.