TOMI Environmental Solutions, Inc.

Analysis for Ticker: TOMZ

TOMI Environmental Solutions Inc sells a high-tech mist called SteraMist that cleans hospitals and laboratories by using ionized hydrogen peroxide. The business is set up like a razor company where they sell the machine once and then keep selling the cleaning juice forever. But the internal math is a total failure because they have already lost 56,2$ million in their history and only have a tiny bit of cash left while losing nearly 2$ million every nine months. It is like a child who gets five dollars a week for chores but spends ten dollars a week on candy and owes fifty dollars to the neighborhood bully who takes one dollar from every five he earns.