Thank you for your thoughts.

I am curious however to wonder why you are always giving them the "benefit of the doubt"...? almost to the point that you are very loyal to the company and "defending" their behaviors? If you don't mind, would you clarify one thing for me -- In your mind you have not once thought that there is something FISHY going on here? Personally, for me, when the fins were delayed and delayed even further, and the dilution started (and because of my background in, lets just say digital forensics and accounting) my thoughts tend to follow what I have seen other "scams" do... AGAIN - this may not be a scam... I am just saying this is my theory.

Also understand that this is a msg board that may have dissenting views and opinions, they are good to hear (just like I spoke up in May about the dilution) EVEN THOUGH IT MAY NOT BE WHAT WE WANT TO HEAR. Just like you have every right to tell someone "If you don't like what is happening then sell and move on" the same respect should be given to those who have dissenting views. I have worked with DoD / Military and traveled far and wide and served this country (behind the scenes) to allow everyone to have a voice and voice their opinion. You should allow for others to express their opinions as well. Reihlybigdeihl was only saying he does not think it a wise idea to move on at a 99% loss and he is very frustrated. This is the forum to call people out for what they are doing - or the lack thereof. I see our friend GOOFY everyday expressing his opinion, I have seen Backstabbed express his opinion and we all have differing opinions. However, this is the forum to discuss those opinions and see ways to work together to HOLD THE COMPANY RESPONSIBLE. If all we are doing is bickering and fighting and making it so nothing ever gets done... then how can we as shareholders expect to hold the company responsible. I have done my part many times, I have filed numerous complaints with the SEC, FINRA, FinSEC and even contacted colleagues at FBI. Some have started to look into my thoughts and accusations and if FLES is on the up / up - they need not worry. However, if they are not on the up/up then this shitshow will definitely hit the fan.

For me, I have seen this situation over and over as I have worked with LE and other agencies to help bring scammers to justice. When I got into this (FLES/MCGI) almost a year ago - I never thought for the life of me, scam. But scams sometimes cannot be seen from the beginning... they usually have behaviors and actions that people look back on and recognize those actions (hindsight is 20/20) for what they were. If in a year from now we all look back and the dilution has become 300-400 M shares and the price is at .0001 and no bid, then we may start to consider it a scam. At that point, the money is gone and it is way too late. Raising the alarm now with the proper authorities and questioning the company in the correct manner (even if that includes facebook, twitter, email etc ) even if it is customer facing (because a company that treats its shareholders this way will also treat customers the same way, you can see that from some of the old reviews on Amazon and Ebay) so it becomes a "problem" for the company. Raising the awareness to customers and shareholders should put pressure on the company to perform as they should.

Now you may have all the excuses in the world on why the accounting firm is so far behind. BUT Tim being an accountant by trade should have known how this would have impacted financials. I think I have rabbled and rambled on here probably too much. But I think you get my point and I do not mean anyone on here ill will... I really TRULY HOPE for the best in this.

I WISH THAT TIM WOULD SHUT ME UP AND PROVE ME WRONG!!! Drop the fins and stop the dilution. Let other people recover the money and then if you need more funds... dilute it again.

Wait a minute - you mean FLES may actually not have $8.3M in revenues? is that what you are saying? I think that number they PR'd went down from the $9.3M they stated earlier. It will be interesting to REALLY SEE what the revenues are when they post it..... You mean that statement at the bottom is a disclaimer that they may be wrong? You mean it may be taking so long on the accountants that they found something so devastating in the FINS that they cant release it yet? WOW.....

You know me - I am believing they are much much much lower.

I am also thinking there are people on this board who are "working" for (or are actually Tim / Chris). I have said this before. BUT after doing some due diligence in the date creation of specific profiles and specific social media accounts, I paired them up and have a very good idea on some of the accounts on IHUB that could be part of this whole FLES "shit show". Oh well - that info was turned over to SEC as well.

Anyway - TIM - lets stop the dilution and drop the FINS!!! PROVE ME WRONG TIM!!!

I stated this early - but it seems dissenting views caused my post to get deleted AGAIN. I did not think for one minute that the 10K would be released this week. I would be shocked if it did get released today, but the shortly, soon, Tuesday seems to stick out in my head. I think when they said this week - they meant the week of Aug 3- Aug 9 2020 That seems to be par for the course of soon, shortly, Tuesday....

I really hope Tim proves me wrong... STOP THE DILUTION AND RELEASE THE FINANCIALS!!

So considering the RS the SP went from .0001 to .60 for a 6000:1 RS.

If they release the fins and we get the $8.3M revenues that everyone is hyping up then by the math that everyone shows - this will only run up to .41 based upon current OS. There is no more $1 land, let alone the $2-$5-$10 previously anticipated. If dilution continues at ~1M shares per day then we are looking at dropping just over a penny a day in the "RUN" that is supposed to happen. Eventually - the OS and the revenues will bring the price that it can "RUN" to down, to oh about .20. And that will be close to the end of August. Trust me - I do not think they will stop the dilution EVEN IF THE FINS ARE RELEASED AND THE REVENUE IS $8.3M. They will let it go up to .07-.09 and then dilute to the tune of 1.5M pushing price back down. This will never leave this .01 - .03 again.

This dilution has made the stock much more worthless than the original .0001 price.

Drop the fins and stop the dilution TIM ---> Prove me wrong!!! I hope you do!!!

Lol - yeah they steal your money to pay their debt. Thats about it...

Personally - I think the whole market is suffering because FLES did not release earnings. Someone mentioned it would be late last week and / or this week... Since we have not seen it... the Market tanked!

Last week it dropped, Monday it dropped... ugggh

WTF is up with that? Please Tim - drop the numbers before the DOW hits a low of 24K!!!

Thank you TA . Let me see - there are 15 trading days since July 12 (including July 12), when we received the last SS. So then we had 4.9 M OS. Reported today 19.8 M shares - HMMM seems to me that is very close to 1 M shares a day being diluted... WOW - SO I was wrong in saying they are diluting again to the tune of ~1 M shares a day. I don't think so MissMaci..... seems like I was spot on this!


Its okay though - they said they would have their fins out soon. Or maybe it was shortly, or the second Tuesday of this week... either way at the rate they are diluting - we should see ~39M OS by the end of August. If the dilution spigot continues...

Guess I will just go and wait to see what happens with the fins.... see how close they are the $8.3 M in revenue (or not!).

Missmaci -

They may not be doing a full 1M shares a day - it may be upwards of that depending on the day. If we have so much volume then explain to me why this stock price is not skryocketing. When we had 60-80K in volume, stock price was rising to $2. Now we have just about 1M in volume every day and the price drops. That is indicative of HEAVY DILUTION!!!

You are 1000% correct. I fully admit that I believe and it is my opinion - the ACTUAL REVENUES will not be what is believed to have been PR'd. That is my belief. Just like in May when I called out the dilution happening and you and other moderators were deleting my messages and trying to tell everyone that there was no dilution. It was just MM's shaking out weak hands. Sorry, there was dilution. And at that time I called it - I was saying close to 60K-100K per day - because volume was 70-120K per day. Yes, I was correct - do the math on 3M shares over 4-6 Weeks. (1.9 M --> 5 M shares).

No one here has to believe a word I say - but I have been more accurate in my discoveries than you have with you "conversations" with Tim/Chris. Remember they told you Tuesday (second Tuesday of next week) we would have a PR or release... yeah, how did that turn out?

I have always stated that I am far from the NORM of thinking on this stock. No one has to believe a word I say, but when the FINS are released and all is said and done - I am either right or wrong, and if wrong, so what? It is just my theory. If I am right... again, so what, it was just my theory. At least at this point there is someone already looking into this shit show called FLES.

Best of luck - right? Everyone love everyone - God Bless... cause that will be what we need.

Backstabbed - 100% correct!

Never make your decisions about a stock based upon what is said on a stock message board. I am 100% saying I could be wrong. They could have revenues of $8.3 M for the year and $2 M for the quarter. However, from all of the lies and deceit that has been sent in shareholder direction, I FEEL, I FEEL - let me say that a couple of more times, I FEEL... there are more lies that have not been addressed. I know we disagree on these items, but as time rolls on we will see what happens here. I have always said I really HOPE I am WRONG.... If I am not this type of scam is criminal and should not be tolerated in the least. Hence my reasons for contact SEC. They will investigate, they will determine whether it is criminal activity or not.

Again - my hope is that this will skyrocket to at least $1 for all of those who keep avg'ing down.

Truly - BEST OF LUCK TO ALL!

Yes, I am still questioning it... can you please direct me to the ACTUAL NUMBERS? Not a PR with disclosure statements, Oh yeah - they have not filed them yet. Thats called the 10K and 10Q.

AND BTW - I was the one in May who also started stating there was dilution. While you and others said - No there is no dilution. So there Big Jay Eskar.... can you point me to the ACTUAL FINS? I don't think so sir!

Chokum -

Thanks for the reply. It would be awesome if they would announce what they are doing. But that has been my issue from the beginning. A company who plans to "expand" their business to multiple fulfillment centers does not make this decision overnight. It is planned out and part of that planning is where they expect to get the funding. A PR back in May stating these sort of things, or lets be real, if this were case, expansion, they would have said this back in Jan / Feb / Mar etc. NONE of this talk of expansion was mentioned, and yet here they are expanding? Seems a little questionable to me.

I don't want to doubt what you are saying, but I have seen many people stand up for FLES and give them the benefit of the doubt, only to have FLES kick them in the ass. I truly believe this was a scam, I believe there are people, aliases, users on this board who helped promote the stock and were part of the scam.

I have two contacts that I have been giving information to from the SEC. I am hoping the information I have provided to them from the MULTIPLE complaints I filed will bring some attention to this... If this is a legit business and they are all on the up/up, then the SEC will see that and walk away. If not, then there is something that may help some people recoup their investment. I dropped over $30K into this and I pulled out early enough to only be down ~$18K. My portfolio was hit, but I have recovered that much in other stocks already. Others have been screwed to the tune of $70K. I only stick around on this to get more information (like a bunch of today's postings) and send them along to the SEC.

The same goes back for you - I have no proof this was a scam yet, but I have contacts who have raised their eyebrows in this direction. This may be a growing business doing the best that they can.... So until we determine one way or the other -- we just sit and wait and possibly keep losing money.

*** very heavy sigh ***

Cheers!

Seriously - did you read what you just wrote?

The only thing holding the PPS down is the sentiment with management? REALLY. So the fact they are diluting up to 1 M shares a day is nothing. Don't kid yourself... IF they ever release the financials (THATS A BIG IF) and the financials are even close to what they stated $8.3M in revenues, this may move a little. The problem is they have 20 BILLION shares to burn through. Dilution here will not end... Tim needs to make this his last run, no one will partner with that bastard ever again after this shit show and MCGI. It is easier and more profitable for them to dilute to the tune of $18-20K a day. Like I said before - the dilution is going to pay the salaries of the employees, the cost of restructuring and such...

Salaries of employees == Million dollar salaries for the CEO / CO-CEO... thats where all of the $18-20K a day is going... their pockets.

Good luck to you all..

I agree with you - harassing, emailing, calling the accountants is not going to do anything. However, in their PR they should have released the amount of dilution they plan to execute. Many many many companies do what is called an offering / dilution. They typically announce the dollar amount or the number of shares. They also include where the funds are being used in the company. AND THEY STICK TO IT.

The problem is not so much the dilution and the 10K filings, but the way the company handled it. It all became a pack of lies. So when they PR something - it just seems like more hot air or "shortlies / soons", in my case, I still believe we will see a much lower ACTUAL revenues. That is my opinion and it may not be a widely believed opinion. I do not think they will PR or announce the amount shares or dollar value they expect to dilute, specifically because they need to dilute a lot more than people realize and they will not share with us where they are spending the funds. Dilution keeps happening to the tune of 750K-800K shares almost every day since they PR'd the "expected" numbers. That was July 12 and a couple of days between July 1 - July 12 we were hovering upwards of 1M volume with very very little movement in stock price. Some will call that the MM's manipulation - I call it DILUTION! Oh guess what, I called dilution back in May based upon the exact same events I saw happening... trust me when I say these days are full of dilution.

Again, I really hope this turns around for us. However, my fear is that no matter the amount of revenues that the company earns / releases, this will not jump. The company will roll out their 20B shares and dilute more and more, pushing the price down. It is easy money for them!

This is just my opinion.

There was a day just around the time they released the share structure on July 12 - they traded 1.4 M shares. And I think there were a couple of other days at 1M... so yeah they are heating up the dilution machine. In May average trades were 75-100K volume days. You would think with the higher volume there would be some price increase... well, not when most of it is dilution.

Yep - I had money in pre R/S (not much) then after the RS @ .60 I dumped $30K to get me up around 50K shares. I should have followed my rule of thumb - when it doubles take out your principal and then let the rest do whatever. Sadly, I got greedy cause it was flying. I started selling at .40 when I saw the dilution and realized this had become a pump and dump. By the time it hit .25 I was basically out. I am down $18K on this. Not as bad as others, I feel bad for some who have over 50K they put into this and are sitting holding bags. As much as I have been a naysayer and as pissed as I am with this situation - I REALLY HOPE this turns around for people. I have 1K shares and if it hits $1 - $5 it will soften the blow of the loss as well. I don't think it will ever go that high... but here is to hoping!!

Cheers

MODS CAN WE GET A STICKY HERE!!

They will just tell her - shortly, they are doing everything they can, its all the accountants fault, but expect them to release between the second and third Tuesday of next week.

Technically, since the 10K has not been released, it is future (albeit they have released them almost 90 days late). They are commenting on a future event, although the data comes from past performance. It is a grey area - which is then covered by "forward looking statement clause."

I am not sure the reason why they do not release the fins. To me - if you have been given this much time to prepare your financials and you can say that you are materially close to $8.3M, then you should have the document ready. This also alludes what I have stated before - They had come out and stated that the revenues would be $9M and yet here they are softening the blow... $8.3M. Some may say - well thats close enough. BUT ... they have left the materially close to $8.3M and a forward looking statement clause that says anything in the PR with the words expected, anticipated, etc may change with the ACTUAL release of the 10K. Therefore, I still believe, in my opinion, this is not going to have revenue of what was told to us in the beginning. I think they dangle the carrots in hopes to raise the price fractions of pennies so they can dilute at a "higher price".

Just out of curiosity - for those who believe the $8.3M number. Why didn't the price skyrocket based on the PR that was released? Isn't that close to what was expected? I can offer a single thought as a reason. DILUTION - each time they get a PR or push upwards they dump a shit ton of stock. My belief is they will not let this go above .20-.30 ever again. If they can drop over a 1M shares in one day at .07 they will. If this were to get back to .10 they will dump a ton again. Another thought on that why the stock did not price jump / skyrocket - it is not the 10K. A PR with the with the materially close revenues is not concrete, it is still subject to "change" "adjustments" and the PR reflected that with the forward looking statement clause.

You realize social media can be bought... ? Meaning people pay for "friends" "Likes" etc... Companies are created that their sole purpose is to fake the "likes" etc for another company. It was a big corporate thing to do from 2010-2015 and some companies will stay pay for the social media presence.

Not saying this is happening here... but, it happens.

Yes sir - You have been correct. I have been calling this out as well since mid-May - and now people are starting to see there may be some truth to the BS that I have thought since early June. Hopefully, collectively with all of the complaints to FinRA, FinSEC, FBI and other agencies we can get someone to take notice and investigate.

Sooo you are saying it is okay for Tim and Chris to do the crap that they have done? I don't think it is. I have filed many complaints with the different agencies hoping that if enough of us file a complaint for the same ticker they can look into the situation. I feel there is a hidden reason they are not posting the 10K and 10Q - my opinion is the numbers are not what they have PR'd them to be. Their PR is full of "outs" so that when they release the financials (if they do), then the forward looking statement clause means that this "anticipated" "expected" to be reasonably close to the number, although the 10K will be the concrete number and the PR is just a possible number they have reached. Nothing in that PR on July 12 was definitive in the revenues. They have left the door wide open - similar to "shortly" , "soon", .....

Just my opinion...

I appreciate a good PR - however, the one on July 12th is full of holes.

Let me explain - many here know I really feel that the revenue statement was misleading. I still do - even in light of the PR on July 12. Pay attention to the WHOLE PR.

Here is my breakdown:

From the PR:
At this time the company is disclosing below certain financial data. Although the company anticipates that these number are materially close to being final, they are still subject to adjustments and only the financial statements filed with the SEC are to be considered as final numbers.

My analysis (FWIW):
The "company anticipates" - "materially close" - "subject to adjustments" - "only financial statements to be filed are considered final numbers". These statements leave so much room for error and manipulation, similar to the shortly or soon time frame from the company. When does shortly and soon mean a two month waiting period? Similarly, materially close, from their context, what does that mean? AND if they can definitively say in a PR that the revenues are 8.3M, then why not release the financials? There is no definitive on that number.

Following on more of the analysis:

The "Forward looking statement disclosure clause" states the following, which gives the company the "legal backpedaling" they need -
This press release may contain forward-looking statements, including information about management's view of the Company's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements.

Notice it says in the PR - the company ANTICIPATES

Furthermore - the forward looking disclosure says - Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct.


Again - the company give no assurances that these statement prove to be correct

If annual revenue was so good and the 1Q revenue just as good, why didn't this skyrocket? Oh, oh - pick me let me guess. Well, first, this is a PR - not an actual filing. Actual filings have to be accurate, PR's ... meh. They can always place the "forward looking disclosure claim" to backpedal and restate the revenues with the correct (much lower amount).

The reason behind the PR was supposed to help raise the price and then send 1.2 M shares into dilution. And that is what they did.

This is just my opinion, my .02 (or one share) for the day...

You are correct in saying people do not need to subscribe to my theory, this is a public forum and you don't know me from TIm, Chris, or anyone else. I have always stated that this is my opinion and people need to believe what they choose from the DD they have done. They also need to draw some conclusion from the situation at hand, why no message from the company? Why run the company in such secrecy when they would give updates going into ticker change? It's like the whole 10K has become a joke and they are waiting for the time to pass to release it, and the damage is done already.

Where I got frustrated with the whole situation was back in May when I saw the dilution happening. I started to wonder why they would dilute the stock without the price "skyrocketing" first. I have never been in a stock where the they dilute or have offerings (other than BioTech, but there are reasons for BioTech to dilute) without a "jump" in share price. I believe if they had not started diluting in May this stock would still be about $1.25 to $1.50 on anticipation of 10K. I also do not believe we would be this upset. My theory comes into play thinking the numbers are a lot worse than the $6-7 M, I am considering something much lower, maybe even less than $1M. -- AGAIN - just my theory.

Call me a conspiracy theorists, but sometimes when I see smoke, I usually find there is a fire.

Smoke: Late filing of 10K, late filing of 10Q, all the dilution and not a word about anything since late April. Switch in accountants and the forever "waiting on accountants" to complete - what was already a completed audit.

Fire: I believe the numbers were lower than EXPECTED. That is the key word, EXPECTED. They can come back and say well, they did not reach what we expected.

Consider this: If the numbers and the financials were already prepared by the old accountant and were supposed to be released May 1 - then why does it take so long to complete the "audit" when it was already prepared? If it was already prepared and accurate to the $9M in revenue, why not release it on time and have the explosion in stock price? Consider if they had released the 10K and the SP went to $5 -$10 then they started diluting. Who would be pissed at that point? How much more could they get from the dilution?

My thoughts - none of this adds up. Just my speculation and conspiracy theory. My line of work tends to let me see the motives and behaviors of those who commit fraud and sometimes heinous criminal acts. This behavior or secrecy and delays is a common theme .... This is not to say everyone who has secrecy and delays is a fraud or criminal, this is just my speculation on this scenario.

Take it for what its worth....

Thanks Rumbles & Backstabbed & Thrifty

I am more interested in the PR at this point. I cannot find a PR from the company stating the expected revenue will be $9M ... only thing I found was the great and marvelous wizard of TOG and the note made above in the DD list.

Just curious where we heard an official notice from the company.

Does anyone have a link to the PR for the $9M expected revenue....?

I cannot find a PR FROM THE COMPANY stating they expect $9M in revenue. All I see is this in the Due Diligence sheets above :
2016 - 4,773,730 $ ( Gross Profit 772,788 $ )
2017 - 6,989,134 $ ( Gross Profit 1,031,785 $ )
2018 - Shold be more than 9,000,000 $ - according rumor...

So I go back to my statements - this was a rumor of $9M from the great and marvelous wizard of TOG, who said HE HEARD from the company this was the number.

I still believe when they release the 10K we will see a much lower number than $9M. Tim and the chain gang will not give a F about whether or not there was a rumor or if there was a PR, they will simply just move on with life and continue to dilute the stock.

FYI - the price action today was similar to when they price dropped below .10. It went down to .0895 and then immediately went back up to .10+ then late afternoon - the dilution hit and we were sitting back at .9 with over 450K shares volume (mostly dilution). Don't kid yourself - the upward movement today is manipulation for them to dilute their shares at a higher price.

Watch the carrot everyone..... its a dangling!

You can find tons of businesses out there like kits4less - they just are not run like FLES. They have better management and likely - if they are public, care about their reputation and their shareholders. AND most important - they do not have Tim running the show.

Wait, What ? A tanking SP price sucks?

I thought that was a good thing for you Backstabbed. Average Down! Average Down! Push it lower I can buy more... wooo hooo VEGAS PARTY AT .001 at the warehouse!!! WOO HOO! AVERAGE DOWN...

DOLLARS FOR PENNIES!! WOOO HOOO!....

You go brother!! This is all you buying now.....

Thank you Thrifty...

Back in May I looked at the intelius and a couple of other sites. I did my research on them and realized how corrupt they were and started "spewing" my speculations that they were using the money to fund Uncle Timmy's retirement and his cush cush lifestyle. However, people did not want to hear that....

Well - there it is folks. Thrifty has shown you the meat and 'taters that Tim has been spending YOUR money on. We are left to believe nothing else.. .well, except our boy Backstabbed who will defend FLES until it hits .0001 and no bid and even then he will continue to average down. Go Backstabbed.

I really do not know if they are spending the money on their villas in the Bahamas.... really I do not. However, if my speculation about the revenues in the 10K are right and the reasons they did not release the 10K was because they knew the numbers were low, then I can pretty much assume they will dilute this and not give a F' about us. They are looking out for one person and that is it... TIm is looking out for him - this is the end of the road for him - no more magic companies from the hat again and he knows it. This is his last big chance at storing the beans for retirement. Chris on the other hand is so F'd left to right and up and down. His company he worked hard on is being dragged into the gutter by Uncle Timmy. This has been one of the worst shit shows I have ever seen. Run by crooked self-serving imbeciles.

I have never been so disgusted by such a F'd up situation - its like driving past a train wreck anymore. I cannot help but stop and look. Every day I tell myself - don't do it, don't go out and look at FLES. I go to my FLES anonymous support group and bring my coin home and I sit their flicking rubber bands on my wrists - but yet here I am ... UGGH. Train wreck... LOL

I agree.... I just want some answers. Real answers - not left to my own speculation.

Lol - yes it is very easy to release PR FOR EXPECTED REVENUE and be wrong. Especially when they post a PR and say SOON / SHORTLY not once but twice that the 10K will be out.

It is easy to cover your EXPECTED PR's by stating an accounting error. It is easy to blame it all on the accountants right...

We will see. Remember who called dilution back in May.... and everyone said BS.

No they are out trying to bury the 10K. It died. It is shit... and they know it. Tim and Chris are going to dilute this because they done F'd up A-A-Ron. They released a PR saying $9M revenue and it is prob much lower than that - the old accountants probably knew it and wanted to be honest and T/C said F'no. They got their croonies and went to town at Fruci and they will release a PR prior to the 10K saying that the PR was wrong as they EXPECTED $9M in revenue but an accounting error (by the old firm) shows that they did not have that much revenue.

Its just a waiting game to see what happens now.....

Exactly - they should be giving us a hard stop deadline on when the document will be finished with the accountant. I can tell you companies that take two months to get their shit figured out - have issues, I mean they have financial issues. It may take a company two months to figure out their financials if it was not done correctly - and if so, then it begs the question - the amount they are telling us in the PR $9M, is that accurate or was it bullshit to "dangle the carrot"

It is understandable for a company to have dilution - they are now a new company and need some funding to keep the business running. Staying quiet and diluting ... that is the issue. Why are they diluting? No one here can give a definitive answer so it is left to speculation. Yes, they had (or even still have it - don't know if they are eliminating debt yet) and that is perfectly fine to dilute stock and make the company profitable - to some degree. Diluting to maintain business operations and funding for new "products" understandable as well... however, diluting for any reason and not updating shareholders as to how much, for what, and when it will end -- that is just bullshit.

Transparency and updates would have given the company an all around better feel than the cold shoulder many of us have received. Some (usually the same people) claim to have talked to Chris. However, I called and emailed and was never able to get a reply. You would think with all the people contacting them and the supposed threats they would release some kind of PR updating the shareholders. But Nah, they like the cloud of secrecy and don't want the shareholders to know anything.

Now combine several activities - delayed 10K and 10Q, dilution, silence, "issues with financials", more silence, leads me to believe they will produce a PR stating that they previously thought the company was going to make $9M in revenues but as it turns out Frucci discovered an accounting error and the amount was much less than anticipated. These all lead me to believe that they knew this previously and the accounting firm prior knew all these details as well and would not "play along" with Tim in his game. The delay allows them to dilute as much as they want and prey upon the people who have invested in the company. If they have the financials and they know the revenues and are selling and diluting shares without it being the PR'd $9M, that is insider trading.

That leads me to my next issue. Insider trading is a prosecutable offense. You may not perceive it as insider trading, but it is, trading by an employee (or CEO) of the company based on material information that can and will affect the stock price; insider trading. I believe they know the revenue will not be $9 M but a much lower number and they are diluting the stock as much as they can before the agencies come knocking. Every day we do not have a 10K I file a complaint with FinRA, FinSEC, SEC, CFTC... and now I will reach out to the FBI. Eventually, someone will see all of these and reach out to them or me.

You may call me crazy... but back in mid-May, I called dilution. Everyone said I was crazy. I even said we will not get the 10K for at least a month or two more, but then the great and marvelous wizard of the board, said No, I talked the company - all is good, sooooooon we will have the 10K. That was back around May 20 (not exact date). Well, here we are about 9-12 M shares outstanding and no 10K..... hmmmm consider what if the numbers are not really $9M in revenue.

Good idea. I did not think of FBI. I will add them to the list of people to contact. I think if enough people are writing and reaching out, someone will respond and say "WTF is going here?" Once we get one person interested - that may be single match to light the fire. Anyway, the more people and places a complaint is filed, the more chances and investigation can begin.

Oh and someone may like this message -- may make them want to buy more shares.

doooooooo eeeeeeeeet! dont tell everyone you are doing it though... its like bragging and ostentatious. And most people don't really care.

GO FOR IT!!! AVG DOWN .0001 NO BID!!

With the new IR, I still do not trust the company. I realize that there is need for "funds" to make the company run and be successful, but that should be announced PRIOR to the dilution and a specific amount decided upon. Then shareholders can choose to stay with the company or leave, as this was - it was just deceitful. I personally do not believe they have $9M in revenue, I know they released a PR, but take note EXPECTED does not mean it will happen. Just like they released a PR saying the 10K will be released May 15, and then shortly (or soon).... and we see how it never happened yet.

I have filed several complaints at FinRA (the poor person reading my complaints...). The tool is not straightforward but you can get through it. My belief is if we have enough complaints, FinRA will investigate. Once FinRA gets on the phone with Chris or Tim and they finish shitting their pants, then we will see the 10K pretty fast - or we will find out whether it is fraud or not.

I encourage those who feel this is gone to far and there is some nefarious activity happening to file complaints. If you do not feel that way, then by all means, ignore my badgering threads.

I seriously, seriously, hope for the best in this - a lot of people put a lot of money and trust into FLES and all they did was shit all over them. Good luck to everyone!

So Jedi - you still buying? Averaging down? It seems your sentiment has turned.... just curious.

I feel the same way as you regarding this crooked people running the show. They have sure pulled the wool over peoples eyes. I have filed many complaints with SEC/FinRA/FinSEC. I am considering contacting some previous colleagues who are still at FinSEC and seeing if they can direct me to specific individuals to initiate an investigation.

FWIW - here is the link to the FinRA site to file complaints:

https://www.finra.org/investors/file-complaint

Remember, the more complaints about one entity (and not from one specific individual) the likelihood of an investigation.

Regards...

What from 20B down to like 1 B? and where is proof they are going to reduce it? It would have made sense to do it when they did the RS. Oh okay, I see, because they said they would do it... soon, or was it shortly. I see they started diluting the stock SOON after the ticker change. AND SHORTLY after that they released a NT-10K.

Outstanding shares at 1B is the same as Outstanding shares at 20B, not much difference, both give a net effect of .0001 on the bid when they hit over 500M outstanding shares. Makes no difference how much the drop the A/S, they will dilute all the way up to the A/S as much as they can. Dilution running upwards of 500K a day? Look at the volume today. Look at the price today.

FLES is throwing PR's out through people on stock boards only to get price to move up fractions of pennies so they can dilute even more and make money OFF YOUR BACK.

Rabbits, Carrots, etc.

What do they have to do with investing? Well, in most companies nothing. But here at FLES the company likes you to chase down their rabbits. They put a 10k rabbit out there and make us chase it down in two weeks, we are going to be late. Then they throw the rabbit further down the road and say ...soooon!

Carrots, that is what they use to string you along while you chase down the dam 10K and 10Q. Carrots are the PR's. We will release a PR on Tuesday. Of course there was no specific date - just Tuesday. Did they mean the second Tuesday of this week or did they mean the Tuesday SHORTLY before the 10K?

Again, rabbits and carrots. Just some food for thought as we roll down the ramp to no bid .0001.

I hope shortly you will have a good day.