I'm not sure where the poster learned to do DD...scratch that, obviously he/she hasn't.
You're exactly right about the Indonesia sale. It also proof when there are scammers like them too, rules are needed to safeguard the public from these charlatons.
He should also know that there's never(1) been a second CTLM sold in an area where the first was sold. Common business knowledge through competition tells you that if something is working, your competitor will want/need it. No one in the entire world over 20 years felt compelled.
*(1)Exception was 3 units sold to Italy, but they sued to return all 3, so the statement stands.
Everyone, including me, wanted it to work, but the truth is it never did and never will as even the SEC knows now the whole thing was, and is, a SCAM!
The new owners have released no information to make me believe otherwise, and until I see SEC filings to the contrary, my SCAM opinion remains. My guess is that they will do nothing with the CTLM. If anything, it will be a shell for something else, or it's just a coincidence this company is located in the same area as the CEO and this is just an attempt to keep her out of jail, nothing more. Wonder if she still has a passport?
