There are a number of things that, based on facts and SEC filings, remain to be solved:
1) The company is generating revenues but losing money and has been for years
2) CB's outstanding in the amount of ~$8,000, possibly resulting in additional dilution of ~10mm shares
3) ridiculous number of shares authorized - 10 billion
4) no company website
5) market cap of ~$50k
6) little to no visibility into direction of company by previous management
These are just the primary challenges. There are numerous smaller ones that still have to be solved and all of this in aggregate falls to me.
Just to clarify my position here - I took over the company without a stock option package, and hold 590,000 shares total at a price average of around .08 per share.
In the past, I've held shares at a pre-split cost average around $80.00 and unfortunately never sold them.
It's fine for people to post their opinions about my past or work experience or prior involvement with the company....
BUT
the only thing that matters is what happens from here. it doesn't matter if i was former head of Goldman Sachs or Mckinsey nor does it matter if I would have been inmate 475677 at Leavenworth Prison. Without solving the aforementioned issues, everything else is just conversation.
Conversation doesn't create value. Action does.
If you'd like to ask me questions, please email me. Otherwise, wait for 8-k filings or press releases.
Best to all
