Why hasn't this been formally reported?
There's been no news since the October late filing report. OGES never answered emails, nor did their PR / IR people. Misreported financials, deals that unwound, paid for TV documentaries that were full of false promises and BS.
As a UK investor in this stock since the dizzy heights of US$1 last year I am more than a bit teed off. The products looked good, the partners checked out, the funding seemed real but management have been taking us for a ride. The Regulators should have been jumping all over this forcing the Company to come clean to investors. The January update was pure fabrication.
I feel for the staff (except three of them). Why haven't US investors seized Barbers' personal assets? How can you let them just fly off into the sunset leaving you all strung out? Can we seize Company inventory? Is there an investor action group? What proposals are being put forward? Thanks, and GL all.