after the 715 million share conversion or whatever you guys want to call it and now that we supposedly have less debt. What do you guys think about this company and their recent moves? Also reverse split still possible? More future share buybacks? Growth? Please honest opinions only. If you dont like the stock please post as well.
I have to agree with mtc44380 on this. I am still holding onto a couple hundred thousand shares and am still buying. Brad Pyatt has no clue how to run a successful business, but it seems that he has recently (in the past year) surrounded himself with people who do.
I hate to be ironic, but besides the poor numbers, this is actually a great company. They offer products that seem to trump most others in their class. I have personally used them and absolutely LOVE them. Back to the numbers issue...it seems as if the company's reach has surpassed its grip. Meaning that they have expanded at much too fast of a rate to allow their sales to keep up with the price of expansion. This is why they are in such great debt. Once the sales begin to catch up, I feel this company with flourish like the best of 'em.
I have been holding the company for a little while. I am liking what they are doing to clear up the balance sheet, I think they may actually be starting to care about stock price... but who really knows. They have increasing their product base and expanding business here and abroad, so I am pleased with that. Lastly, winning 3 major industry awards recently at the event in LV is a big name boost to get a litlte more visibility.
I will continue to hold, because I see good things coming and increased sales. These are all my opinions, and of course, since I own the stock I see these are positives, but it seems people are negative about their business model.
I am still staying strong and hoping for news in the near future to bump the pps.