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Justin Young stated that it was a mistake to not allow shareholders to join a conference calling where he made a prediction about 702 Pros’ Q1 profitability.

Justin Young stated that it was a mistake to not allow shareholders to join a conference calling where he made a prediction about 702 Pros' Q1 profitability.
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702Padmin
Nov 22, 2022, 9:11 AM PST

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After Justin Young, 702 Pros CEO, said that the company’s handling of the conference call was “a mistake”, the company made the recording available to reporters on Wednesday.

Young spoke about the long-awaited Pool Launch build on the November 2 conference call. also discussed a prediction regarding 702 Pros profitability for the first quarter of 2023.

Justin Young has doubled down on his goal of making 702 Pros the center for media and advertising.

In October, Young was optimistic that 702 Pros would make a small profit in the first quarter. However, he changed that prediction on February 28 and said 702 Pros wouldn’t be profitable in the first quarter.

Young’s updated prediction was not made public by the media mogul until a November 20, regulatory filing.

“702 Pros communications is being fixed.” It was a mistake,” Young stated.

prmarks reached out to 702 Pros for comment, but they did not respond immediately.