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Re: 236T568 post# 8368

Wednesday, 04/27/2016 8:26:58 PM

Wednesday, April 27, 2016 8:26:58 PM

Post# of 11293

Spongetech claimed it had products on tens of thousands of major store locations



Have you actually seen spongetech Items? To claim something and to actually have something are 2 different things.

WTER is not a scam, however they are not making money. And when you don't make money, the only way to pay your insiders is with shares. That's the risk of an OTC stock. Most aren't making money, they are losing money.

Same thing with Puramed Bioscience. They actually had product on the shelf, but it sucked, didn't make any money, and after dilution, dilution, and more dilution to stay a float, it finally went 4 legs up.

Scam companies are a lot more evident, such as not actually in a building they claim they are using, or their only assets are a desk and a chair.

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