InvestorsHub Logo
Followers 2
Posts 225
Boards Moderated 0
Alias Born 07/01/2014

Re: None

Wednesday, 10/22/2014 2:50:29 PM

Wednesday, October 22, 2014 2:50:29 PM

Post# of 235027
OT- no one knows what sort of commitment Blank Rome has. They could be using junior lawyers and doing the absolute minimum to move the suits along. We also don't know the true cost to SFOR. They are not at all forthright with their business dealings. Also, the terms may have changed as they got deeper into the lawsuit and saw what the chances of success were.

I don't think this started out as a scam but I believe they have more or less given up as a company and are just selling stock in order to keep the doors open until the lawsuits are settled one way or another. You can bet any loss and the doors slam shut immediately.

That is pretty much what you are gambling on when buying shares here. The thing is, if they somehow win a case it will be appealed and the clock will start again but the dilution will continue unabated. Stockholders can't win in either case as manAgement and debt holders will eat the lions share.