OT: I guess since this is my second post back to Ihub it would be fitting to provide my "resume" if you will.
First I made this account after seeing several people comment on my work with SIAF. I for the most part have shy'd away from message boards because despite my honest efforts I have been painted by some negatively over the years.
I started out as a penny trader, then became a stock promoter and now working in the IR industry. So here is my brief history.
I was once a very popular poster on Ihub, I was like in the top 50 or something. This was back in 2006-2007 when the penny market was on fire. I had a Company called Lesuire Direct LDTI contact me and offer to pay me to promote thier stock. They wanted to exploit my popularity on the forums and for a price I was willing to let them. I always provided the proper disclosures and was one of the first paid promoters on Ihub to do so. The Company failed to honor its agreement with me for 220,000 shares and after two months I quit providing them IR.
Because of LDTI, I was able to land additional clients such as RVGD, BDRR, EXPH and SGGC. However, from that point forward and because of LDTI, I never accpeted stock as payment for promotion.
RVGD - Had a failed reverse merger whose finacier broke securities laws, sold unregistered shares into the market and was later prosocuted by the SEC. I tried to help the CEO the best I could to recover his company but the damage had been done prior to my involvement. My involvement was so minimal I was never even contacted during the investigation by the SEC.
SGGC - Oil & Gas company which owned a few wells conducted a reverse merger. They were hoping to capitalize on the high price of oil at the time by rebuilding and utilizing marginal wells. Just as soon as they were launching thier busines plan the price of oil plummeted and rendered the business plan a loss. They did manage to get a few wells operational but thier business plan depended on the price of oil remainging high. I worked with them for only a few months before they busted.
BDRR- Medical imaging company. They had high operating margins. They just never could seem to get thier costs under control. I didn't work for them long either.
EXPH - promising Company and my one client I had some faith in. He was also the victim of a bad reverse merger and consulting. I was able to improve his IR, but right when we seemed to be gaining traction the financial collapse of 2008 happened. Since he was in manufacturing he got hit really hard. To some extent our IR efforts succeeded in keeping the Company afloat. Though many investors were upset by Company actions, it was either raise capital and dilute shareholders or go bankrupt. The shareholders however couldn't understand that and sentiment turned sour.
In every case I tired my best to help the Company succeed. What I learned was how unsophisticated many OTC investors were. I was blamed for everything. What they failed to understand was the dynamics. Simply put these companies business plans failed. Either through poor management or planning. I don't run companies, I merly provide IR. I also learned how corrupt the industry was. I was suprised at the predatory nature of many of the so called "go public" consultants and PIPE financers. It was truly a cess pool of professionals.
After the financial collapse in late 2008 I went back to working as a project manager in the construction industry. In early 2009 I was introduced to SIAF by a shareholder in the Company. At first I was only an investor. Over time my involvement increased with the Company and today I handle their IR/PR.
Hope that sums it up.
Warm Regards,
Chad Sykes
