Tuesday, October 27, 2015 8:15:46 PM
I won't argue, because Lord knows I was in the same bucket as the rest of the Bourque graduation class of 2011 and as The Who sang in 1967, I hope not to be fooled again.
Do we know that JB sold shares for millions in 2011 and beyond? I've never seen evidence of that. Why would Juan Mendoza ( who seems to have a pretty solid history) be inclined to work effectively for shares ? Is he being duped , manipulated into spending his retirement years and sacrificing his reputation on a scam? Maybe. But I don't think so.
The royalty thing still doesn't pass scam muster , as to why go through the trouble of creating a royalty clause, then amending it ? The first royalty clause would've been enough , and maybe I'm not giving enough credit to the possibility of an elaborate ruse.
Regardless, this company is likely a thousand to one shot , especially for shareholders now sandbagged by huge share dilution, ridiculous royalty agreements and not a thing sold , not to mention the 30 to 50 other red flags.
Kind of like watching a horror flick, ( I hate em), can't stand to sit thru it, but for some reason you gotta watch it til the credits roll?
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