Thursday, October 23, 2014 9:02:43 AM
So 236, who's strength is centered on fitness businesses, understands the technology well enough to continue to make an educated decision to pour more money in to the TTEG and HPBS. Two technologies that have gone unnoticed by the entire world.
The DCGT has been under development for close to 20 years and now that they are going to own the rights that is suddenly going to fix the fact that it doesn't work? We are to believe that its failure to date is the result of Scraggs holding control over the intellectual property? PLEASE!! If that were the case why does it need to be completely redesigned and rebuilt. How many time have investors been feed the story or a major trucking company is going to back this....4,5 times?
Then there is the HPBS they're going to go out and spend 1.8 million payable to DR WHO? No one knows who Dr. Chang is and how the heck can they prove the technology even works? Where is the current HPBS even running?
So Scraggs and Dr. Chang are going to receive a combine total north of 2 million dollars courtesy of stock holders with absolutely no checks in place to safe guard them. (ETS??? investors lost 300k on that deal) Can investors sue Scraggs or the good Dr. Chang if the technology turns out to be a fraud? How do investors know that money is not being kicked back to Rouse and 236 in these deals.
Ah yes and then there are the penny letters, the tweetisphere was on fire yesterday with some pounding the table on this news.
For all you diehards, Why did TTEG pay Phyllis Rouse so much money over the years? What did she actually do for TTEG?
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