Friday, August 28, 2015 6:40:17 PM
Fact 1. IENG is 3 filings late.
Fact 2. Zimbler plead guilty to money laundering and fraud.
Fact 3. Zimbler is connected to Greenline Systems as treasurer and director, that puts Greenlines's legitimacy at Question.
Fact 4. Patten Energy is a subsidiary of IENG, and Patten is aware of Zimbler's criminal history. (I know this because I personally sent it to him in an email).That raises questions about Patten's integrity.
Fact 5. Companies reverse split, reverse merge, and do many other illegal actions all the time in contrast to the Finra rules. (See HRAL's recent 500 to 1 reverse split while being a stop sign no information symbol as an example.)
Fact 6. This is a gamble based on the good contracts presented on Patten Energy, but it comes to a point when you have to look at the reality that is right there in plain sight.
Those facts don't change because shareholders have a bunch of shares, and hopes of getting paid out.
Mcphereson I believe is right on the money with his assessment, and the pps backs that theory up. I said back in March that with Zimbler involved, this could mean trouble, yet some continued to buy instead of playing the err of caution. Now we sit here looking munchy faced hoping on a dream that somehow, Zimbler and company have turned a new leaf and really do appreciate shareholders. GL
Everyone should look up the definition of insanity!
Good luck to all stock holders, and stuck holders!
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