Friday, November 28, 2014 10:27:04 PM
However, I do not make investments based on price, I make investments based on a company's ability to implement their business model successfully.
I have had the opportunity to look at hundreds of start-up companies in the past and can tell you one thing for certain....
A company is only as good as its weakest link.
Regardless of how good a product may be, you have to have an Executive level management in place, that has a proven track record and an expertise in that industry, in order to bring that product to market successfully.
Unfortunately, this company is being run by a quasi stock promoter not a real business executive.
No education, no experience, no track record = NO RESULTS!
There is no way Robert is capable of competing with companies like Coca-cola, Pepsi, Nestle, Zephyrhills, etc.
And to be honest.... His interest only lies in creating a facade long enough to print and sell shares into the market place long enough for him to walk away with a pile of cash.
I took the time to review some of his press releases and was both amused and shocked at his audacity to make announcements that never materialized in any SEC or financial filings.
Now, all that being said, I'm not saying you can't flip and make money from time to time. I think this last week proved it. But anything that Robert Rico is involve with has a severe disadvantage. This is not a situation where we have legitimate people trying to make a go of their dream. This is a series of orchestrated events being done by very sophisticated stock players. Anyone investing their retirement money on a big payday here is in for a very sad result.
Someone asked me to do a little due diligence on this company, so don't shoot the messenger.
Recent CUEN News
- CUEN – Cuentas Releases Annual Financial Reports Reflecting Improved Business Transition Results, Revenues and Profitability • GlobeNewswire Inc. • 04/16/2024 03:10:09 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 04/15/2024 08:11:43 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 04/01/2024 08:36:46 PM
- CUEN – Unlocking Value: Cuentas, Inc. Sells Brooksville Real Estate for $7.2 Million, Unleashing Double Digit Profits and Rewards Founders Strategic Vision • GlobeNewswire Inc. • 03/14/2024 01:22:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/14/2024 01:00:10 PM
- CUEN – Cuentas, Inc. Unveils Fintech Offering Advancements, Spotlighting Rapid Expansion in Core Services and Products Tailored to Captivate the Thriving Hispanic Diaspora Market • GlobeNewswire Inc. • 03/13/2024 04:37:28 PM
- Correction: CUEN – Cuentas, Inc. Announces Financing Terms for Tampa Real Estate Venture Through Lender $3,000,000 Mortgage Extension • GlobeNewswire Inc. • 02/15/2024 03:23:35 PM
- CUEN – Cuentas, Inc. Announces Financing Terms for Tampa Real Estate Venture Through Lender $3,0000,000 Mortgage Extension • GlobeNewswire Inc. • 02/15/2024 02:30:00 PM
- CUEN – Cuentas, Inc. CEO Unveils Triumph in 2023: Unprecedented Shareholder Support in Proxy Vote and Shares Visionary Fiscal Year 2024 Plans • GlobeNewswire Inc. • 01/08/2024 03:13:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/27/2023 10:06:33 PM
- CUEN – Cuentas, Inc. Reaffirms Its Dominance in Telecommunications, Financial Technology and Real Estate and Garners Unwavering Shareholder Backing at the Recent Annual General Meeting • GlobeNewswire Inc. • 12/21/2023 05:20:53 PM
- CUEN – Cuentas, Inc. Envisions Double Digit Growth in the Vibrant South Florida Real Estate Market, Anticipating Lower Interest Rates, and Strategically Leveraging Its 10-Year Supply Agreement of Pioneering Composite Building Technology. • GlobeNewswire Inc. • 12/20/2023 02:33:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 08:16:02 PM
- CUEN – Unleashes the Power of Shareholder Influence – Unveils Proxy Vote Link and Ignites a Call to Action • GlobeNewswire Inc. • 12/11/2023 03:16:15 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/06/2023 10:25:38 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 12/01/2023 05:15:18 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/30/2023 05:51:30 PM
- CUEN – CEO Unveils Shareholder Letter Highlighting Advances in Acquisitions, Real Estate, and Cutting-Edge Construction Technology, Alongside an Anticipated Shareholder Meeting • GlobeNewswire Inc. • 11/30/2023 01:30:00 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/27/2023 09:45:36 PM
- CUEN – Cuentas Impending Game-Changing Acquisition of WHEN, Showcased as a Leading Cybersecurity Acquisition in 2023 by CSO's Annual Industry Review • GlobeNewswire Inc. • 11/27/2023 01:00:00 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 11/22/2023 09:42:34 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/22/2023 09:30:40 PM
- CUEN – Cuentas Unveils State-of-the-Art Disaster-Resilient Buildings in Florida, tapping into a $2.1 Trillion Market to Reshape Real Estate's Future • GlobeNewswire Inc. • 11/21/2023 01:30:00 PM
- CUEN - Cuentas Achieves Remarkable Third Quarter Results, Showcasing an Astounding 861% Revenue Surge Compared to the Previous Quarter in 2023, Alongside a Noteworthy 200% Year-over-Year Growth in Cash Position. • GlobeNewswire Inc. • 11/20/2023 01:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 01:00:27 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM