10 cents is a skip/jump away! LOAD THE BOAT. Look at ACI ... I believe ANRZQ bankruptcy will be either cancelled or amended to include equity.. in such case this is 500% gainer or more
ANR had much liquidity than ACI , yet they sh---tcanned the equity. They could have easily done more debt-settlements for pennies and kept the stock afloat
I'll keep mentioning this because you #$%$ investors just don't get it.. COSI needs AT LEAST a 15% gross margin simply to breakeven or a tiny profit. But last years margin was 1%, 2013 margin 1.5%, 2012 margin 11%, 2012 was 10%..
SEC should shutdown company and prosecute some execs. COSI is what I would describe as a futile unviable business. COSI is basically a NON-PROFIT ORG.... The $150 million dumped into this sham by gullible investors, was actually a charitable donation
0-3% gross margin ...need I say more? Even if they manage a 3% annual gross margin, they'd still lose $10 mill a year. RJ is not addressing and forecasting the gross margins NEVER. And they always bomb out in the winter, so the weaker quarters are yet to come. You'd think this idiot RJ would at least forecast something positive... I see nothing. I can only assume there are way to many "no-show" managers and execs on the payroll... how else can you explain ZERO or 3% gross margin..
I would classify cosi as a non-profit organization... as such execs would go to jail for failing to inform stockholders that their invested money is actually a charitable donation!!! LOL
Sentiment: Strong Sell
RJ actually stands for RIDICULOUS JOKE.... It is unbelievable how this business plan keeps afloat after 10 years of COMPLETE FAILURE . . I can't believe the SEC allows this ZERO MARGIN business to operate for so long...
You sell a sandwich for $5 that cost $5 to make... how asinine is that.? Then you take your ZERO margin sandwich and deduct $1 fixed overhead ... then BINGO you lose $1 per sandwich sold... ... u da man RJ!
Sentiment: Strong Sell
u da man RJ! Still NO explanation from RJ why the margins are NON-EXISTANT! The only ones making margins here are the endless BOD, execs and managers.. Which begs the question---how many cosi execs and managers does it take to change a lightbulb?
MMMS clearly has big problems... if the IRS is just about to LEVY them, clearly this is bad.. Even WORSE , medytox just reported a HUGE quarterly loss. FACE it, the merger should be cancelled or the ratio needs to go much lower
"Of the $7,539,715 of income tax liabilities at June 30, 2015, $1,943,925 relates to 2013 and $5,573,190 relates to 2014. The Company has made no payments on its 2015 tax liability. The Company has received a “Notice of Intent to Levy” from the Internal Revenue Service relating to the 2013 tax liability.