A Losing Battle - Weekly report
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by MasterGerund
Business conditions are still very difficult. This Report will be a different format, not like our typical weekly report, because not much has changed. All the revenue received is being used to keep Ninja Swords running as long as possible, but this is a losing battle. Someday inventory will sell, though, and we will be sitting pretty.
MasterGerund has been doing dedicated buying of weapons every day, and this has kept us open several days longer than would have been possible.
No dividend, because that would require profits. There are no profits until we can start liquidating some of our excess inventory. Q1 weapons are still being sold for 0.11 gold. You can message me or either company with your order, or just send your payment and I will send the right number of weapons.
There is still an optional cashing out of shares, being paid for by MasterGerund. Nobody has contacted me, which I hope means my investors are being patient with me, and I appreciate that. If you would like to cash out, send me a message and I will let you know how many of your shares I can cash out. If you choose this option, you will receive the full amount of gold your are entitled to per share, 1.20 minus the dividends you have already received.
Thank you.
MasterGerund
Chairman, SRM Business Group
(Comprises SRM Holdings and SRM Capital)
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Comments
Tough time for the Q1 weapons market. I upgraded my weapons company to find a niche with somewhat higher demand.
I considered doing that, but I didn't want to just write off all the inventory I already had.
Stay the course; i'll wait for better times to see that dividend.
Thank you for your support. I am shuttering Ninja Weapons until I can liquidate the unsold inventory, so you will start receiving dividends again, from those sales as they happen.
Also, still selling Q1 weapons for 0.11 gold.