To: DashernComet who wrote (125) | 10/30/2018 10:49:55 AM | From: DashernComet | | | I was just thinking about business plans and models of micro cap companies.
Just suppose someone raised $5 million for a business plan and ran off with the money or just wasted the money on the high life and never built anything in the way of a business. Probably they would go to jail.
Alternatively, suppose someone, over 30 years they raise $100 million and squander 95% of it on salaries and bonuses for themselves and friends and family and apply 5% to a product with limited function and market appeal—that they really don’t think will ever work. You would never go to jail.
Of course, if you knew it would never work, it is some sort of un-provable crime. Un-provable unless you openly admit it. If you can keep quite and play out the role, you’re gold. |
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To: DashernComet who wrote (127) | 11/4/2018 9:05:16 AM | From: DashernComet | | | SoftBank announced an investment of $1.1 Billion in View, a smart glass manufacturer.
cnbc.com
But as we all know Joe and Gauzy have a thing going on. And Kevin Douglas and Gauzy just last August invested $2 million (with a “M”) in Research Frontiers, a smart glass patent holder with TTM revenues of less than $1500 Thousand (Thousand with a “T”) and that has an annual salary load of nearly $2 Million, and annual losses of over $1.6 Million. |
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To: DashernComet who wrote (129) | 11/6/2018 12:37:45 PM | From: DashernComet | | | So it was announced on the RFI happy board that the CFO, Seth Van V, drives a Tesla.
So, is that because: A) Seth is a first name friend with Elon Musk B) RFI is a really Porfitable Company C) Seth is really really well paid for working at a company that loses lots and lots of money.
Message 31863137 |
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To: DashernComet who wrote (130) | 11/6/2018 12:49:52 PM | From: DashernComet | | | finance.yahoo.com
So the 2018Q3 report comes out 30 minutes before the conference call. The good news is the balance sheet will be fattened by the $2 million raised in August Bad news? There might be some. No impact on the top line from Gauzy? Model year change over and production slow down at Mercedes and revenues drop?
Panasonic-MIA Faraday-MIA Polaroid-ditto Vision Systems-ditto Inspect each-ditto Hitachi-bye bye |
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To: DashernComet who wrote (133) | 11/8/2018 6:56:08 PM | From: DashernComet | | | 39 minutes of agony for Longs on the CC.
Revenue down Losses up
And now you have the retrofit market in Planes, Trains and Automobiles
SWEET!!!!
So I hear Joe is heading for a two week vacation in Spain. Is he bringing the wife? |
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