Monday, May 29, 2017 3:21:43 PM
Should've stopped there...
This scam is competing with all the other MJ scams for the gullible dreamers. Without the 3rd party sites generating the dreamers in volume to drive the PPS up, then who are the traders to sell to?
So you need Clay to generate an imaginative scam angle. Setting up a website, and claiming to be the "Angie's List" of MJ ain't gonna cut it. It's too lame. The MJ scam competition has better scam angles.
Then there's the problem of the O/S at 5.3B+. Traders have bought at 0001. Wash sales have distributed out shares at 0001. All the traders, and affiliates need a tsunami of dreamers to sop up most of the 5.3B+ awaiting. Again, the scam angle for BAYP is lame. And just following some other MJ scam's lead won't stand out.
Also let's not forget a scam like BAYP isn't pumping for the benefit of retail traders. It does so for the affiliates, who have converted the notes, and are forewarned of the pump to come.
The recent history of BAYP is a PR pump comes out. The huge O/S means the PPS moves like sludge. Affiliates more than willing to sell at 0003 or 0002 soaking up whatever dreamers the pump, and 3rd party Email alerts brought in. Meanwhile the retail trader sits, waiting for it to go above 0003, not realizing the party is already over. Down it drifts back to 0001.
This scam has too many difficulties to overcome in order to "run hard".
The Jewel of the Mind is Colored with the Hue of what it Imagines
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