Why does CMR "need" upfront payment of the entire $365,000 contract fee before beginning its 13 months of consulting/IR/stock promotion services?
This is extremely unusual in any business. Why would Jerry agree to this when the company is so deeply in debt and can't pay any of its bills let alone engage in operations?
What do Kerry Thacker and Jason Baker, the owners of CMR, bring to the table that is worth over $400K when the 10% EVCI fee is added? Their fee equates to over 4 billion shares that need to be sold to pay for them to engage "subcontractors" tout XNRG stock on message boards and social media. That kind of massive dilution certainly counteracts any kind of buying demand they can drum up by touting.
Prior to being individually hired by Peter Villiotis to tout PVEC (fka VDSC) in October and November 2013, they were rather new to penny stock trading. Both were given executive titles and official officer positions yet during their tenure PVEC massively diluted and has been at no-bid for the last 5.5 months. When working for PVEC they revealed their iHub IDs:
CMR's contract with XUN calls for Kerry and Jason to utilize subcontractors to do all of the work. Other than the specified posting on social media and stock message boards, why does CMR need subcontractors? CMR and its subcontractors who tout the stock are almost certainly subject to disclosure under Section 17(b) of the Securities Act.
Can anyone explain why a newly-created company like CMR with two principals whose only prior experience in IR for a penny stock was with PVEC which ended up at no-bid, would be worth paying $356,000 at all let alone to pay the entire 13-month sum up-front?
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