Reeltime Rentals Inc (RLTR)

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According to the financial release, the company recorded a paper loss in security holding of $19,600 as of the end of March. Of course, there has been further losses since them.

What I cannot understand is why Hodge did not sell the shares right away. After all, he knows this is all a scam. He could have put the money, the hard cash, in the company accounts. Even if he had had to give it all to the IRS, it would have been a good deal.

Why I don't understand either is why RLTR was given ten or twenty times as many shares with the objective of selling these right away. Had they done that, they could have paid off the IRS.

Paying off the IRS should be first and foremost. In that case, one would be going forward basically free of encumbrances. I just don't get it. This management team is not only crooked. It is dumb.