They haven't even bothered filing financial reports. Apparently, there's nothing to report.
Company was funded ENTIRELY by the sale of stock. No the insiders didn't sell their stock. Ron is too sneaky for that. He sold convertible notes which were converted and sold into the market.
My theory on the "insider buying" is two fold.
1. It's a great pump. They were all out of jokers so it was a last resort try. Apparently, it worked since people are still talking about it and throwing money at it. REMEMBER ALL THE MONEY THEY ALREADY STOLE FROM INVESTORS. The Insider buying was only a small percentage of the millions they've made.
2. The note holders were probably threatening law suits. Even with the deep deep discounts they got the rapidly falling PPS probably had them scared. The "insider trades" happened outside of the market. Check out the date & volume at price. The insiders bought shares from the note holders to avoid a lawsuit leaving gullible investors holding the bag.
The only documents that have EVER been filled are for convertible notes. Take a look for yourself.
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