Scams get away with this because they prey on the ignorance of people who presume to be 'investors'. Whereas, an 'investor' is expected to be able to read and comprehend the financial statements, contracts, loans etc. Moreover, it's their disclaimer which the SEC warns, to paraphrase; "If you don't have a clue, don't buy it!"
Would you buy a used car without an expert's opinion, trust a used car salesman to tell you the negative pasts, LOL! , or an old home? I.E. nobody in their right mind should do other than what the SEC warns: If you don't know how to comprehend the crap, get a real, qualified, expert's opinion. A professional analyst, the same as you should when 'investing' in a home, etc. .
The scams know this and prey on the ignorant who buy the delusion of a 'get-rich-quick' scheme. .
Because, everything that's happened here was predictable, all ya had to do was comprehend the reports. And, having a sense for business and the difference between BS and reality.
As it stands now, It's my view currently, that, all the new CEO 'Tom Con-ya-some-more' is doing is; stuck in a POS because, his pals, debt holders, want their 3 too 10 times the money game, which is around $$ 25 million bucks, considering late fees and penalties, which they'll flip out for $$ 75 million in dilution, to continue. [wink]
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
I don't have a humble opinion!
At's ma boy!
