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congrats, but i did check with a couple local stores here , and they tell me realm is not moving off the shelves and they hear realm is slow all over(take it for what it is worth) also i would not be surprised to see $1.00 again , as this stock could be a great candidate for the tax write off (sell and buy back in 30 days) also i take note that avon products had reported slow fragrance sales and i just wonder what a tiny company like erox must be exsperencing, besides what the local stores here have to say. i still say erox must must must come up with a deal to license this product or i feel they may never see $4.00 any time in the near future. they are operating on shoe string cash box, and after the latest incident of having to report a restated 2nd qtr loss , i will be one hoping the board of directors searches for a new ceo, for a company this small to have a foul up like that, is a joke. also maybe a new ceo can get the job done with licensing. so what we have is a company with declining sales, declining earnings, a shoe string cash position, a strategy for growth that is very questionable, and a constant dilution of the stock. i don't mean to be negative , but i view this as the current position of erox, and it looks sad, i took the hope out of the views and dealt with reality at the present time. that is what the stock price represents!!! comments-insights?? post |
