It is true what homebrew says "its harder to convince someone they have been scammed than to scam them".
- So here's a company which has not sold a singe device - despite PR to the contrary that it was ready to the point of sale - in over 16 years.
- Here's a company that never explains WHY it abandoned devices which were gods gift
- Here's a company who's main concept was busted on MythBusters!
- Here's a company which has taken over $100m in development capital and spent it all on salaries and costs and has NO device sold
- Here's a company which /can/ tell true information (KMI contract has started, or not) and instead says they "may" have something to tell you in the future
- Here's a company which pays a non-college educated ex soldier a fortune to head its company but not make ANY sales
- Here's a company who's chief scientist at rent-a-PhD university has been rebutted by his peers, more than once (he has counter rebutted, but this is does not a solid investment make) -
- Heres's a company who has numerous third party entities as partners who are torn apart as dubious so early on (employing a VET, a DJ and an IMPRESARIO as officers in the oil business!)
- Here's a company found distributing payola to agents who sell shares!
- Here's a company who on sale of a microscopic percent of its shares absolutely tanks to a nickel
- Here's a company moving into broom cupboard offices and subletting its high street shop...
... and there's NOT something wrong? and if there IS something WRONG its nothing to do with the COMPANY? Its the DRA agents, the lawyers, the socialists, the greens, the fat cats?
Jeez. What's wrong is that companies like this are allowed to trade shares at all. The big scam here is not The Big Short, its that penny stocks like this are allowed to even sell shares.
A company like this should not be allowed to sell paper, end of story.
If I had raised 100m over 15 years, by god, I'd have something to show, even if it was a chain of shops or franchises. You might as well have used your dollars for a solid fuel fire and be glad you got warmth out of it.
This is not a time to be deferential to the "American Executives" of QSEP, or those companies who happen to regulated (partly and lightly) by the SEC. Its a time to realise, this was, is, and will be shown to be, a scam.
