InvestorsHub Logo
Followers 5
Posts 753
Boards Moderated 0
Alias Born 11/21/2016

Re: Ed the Trader post# 48694

Thursday, 09/21/2017 9:16:32 AM

Thursday, September 21, 2017 9:16:32 AM

Post# of 58411
Duh, the scam was not to be a long term profitable scam. The purpose of this whole thing was for Melvin Leiner, Darren Marks and others to recover money owed to them period. They all new this product could not be relaunch based on the real reason it was pulled from market in the first place. Let's just say if after expenses they collected about $500,000 through dilution. Instead of putting that money in their pockets they could have relaunched the product got some sales and slowly paid themselves back what the company "owed them", but that didn't happen because that was never the plan to truly do a relaunch. Adrian Mckenzie had to make it look like an actual relaunch, spend a little money, which never came out of his pocket, so that in case someone did try and report him he can show the SEC that he did try. Adrian did just the bare minimum not to get flagged by the SEC.