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Hopefully the FBI and SEC will be at the meeting to arrest Dietrich for all the fraud he has committed. I am sure they will find narcotics on him as well. The meeting probably consist of the patsy Dietrich, Doug Leighton, Barry Honig, John Stetson, Steve Markowitz and the bogus Board that was assembled from the frauds at the promotional firm IRTH Communications since they are the ones that keep getting issues shares.
There is not one fundamental reason to buy this stock. It is nothing but a stock scam screwing shareholders and benefiting the frauds doing the toxic financing and the uneducated employees within the company that steal from shareholders by taking a paycheck when they cannot make a dime for this crappy company. Long history of failures and fraud for this scam!
Not personally. I do not hang out with frauds of his kind. Saw him speak at a conference and walked out after hearing his nonsense. Everybody in the room saw through his BS and knew he was an idiot. Just look st the history of failures, blunders and fraud and you will see why this company is the joke of the industry.
This scam of a company has no connection to what is going on in Canada. MassRoots was nothing more than a piggy bank for the micro cap frauds and a personal piggy bank for Dietrich and his drug buddies and boyfriends to steal from.
You can find it on the SEC’s website
Leighton’s other fraud outfit (Alpine Securities) already got nabbed for the same violations and this scam of a stock was the basis for the investigation. Word has it that the Feds are now looking into the trading of the stock around all the issuances and promotions.
Only news coming out of this scam is that they are late filing their Q for the 4th straight quarter and that the crook of a CEO probably stole more money.
Lots of analyst upgrades and may have to chew through some stock before it breaks the $260 mark
Am I reading this right? 36% of the float is short? The stock barely trades. What happens when the shorts have to cover?
I hope you see that this garbage of a company has plenty of sellers below $0.25.
That was because of the paid promotion implemented by the company and paid to IRTH Communications so frauds like Honig, Leighton and Markowitz could liquidate their low priced paper. This is nothing but a stock scam and the furthest thing away from a real company.
These frauds probably spent more on that pamphlet than they have on their garbage app. Between their travel and entertainment, payments to IRTH Communications for stock promotion, bonus to the Dietrich to cover up his embezzlement and payments for bogus PR such as these pamphlets, no wonder they are out of money again.
But the crypto-scam play, “new dispensary” finder, and global legalization play along with the circle of skilled employees will take this to new highs! - LOL
Stock is reacting in sync with people’s perception of this company and the frauds running it into the ground.
His tweets mean nothing and EVERYONE knows what a failure and fraud he is. Just look at his profile picture on Twitter. It has the obnoxious CEO of CannaRegs with him as another PR stunt. He should have one of his boyfriends next to him or his business partner in his LGBT dating site. There are no “haters” rather realist as everyone knows what a scam this company is and always will be. Dispensary owners would be idiotic to associate their name with this company. Why would anyone pay this company when there are so many better and repeatable options like WeedMaps?
Needs to breakthrough the 50-day average
Who cares??? Means nothing but the author did no due diligence on the clowns he quoted. If he had half a brain he would of looked into the performance of the company and realized that Dietrich is a fraud and running nothing but a pump nd dump in the space.
All means nothing since this company has no real business and is nothing but a front to issue stock and raise money to pay for the lifestyles of a few stoners. Nobody in their right mind would associate themselves with this company.
Tell me where you can short this junk and I would love to. Many brokers will not let you because of their long history of stock promotion and pathetic financials.
MassRoots was one of the most promoted stocks in the industry in 2017 as evident by the millions of shares issued to frauds like IRTH Communications, Barry Honig, John Stetson, Steve Markowitz and Doug Leighton. Just go to Stock Commanders website and see how many times they were promoted last year. The evidence of the fraud by Dietrich has been circulated by their old Board and includes bank statements, transfers to his personal Wells Fargo account and AMEX statements showing payments of personal expenses (including male escorts) on his credit card with company funds.
Nothing but more crap to try to keep this pump and dump afloat. This scam has no business and has nothing but a fraud of a CEO and a bunch of his junkie boyfriends as employees.
This POS has no data but Dietrich’s wiring information, Domino’s on speed dial and the information of their transfer agent and stock promoters.
Company is a complete scam and the frauds behind it are being called out:
https://mjbizdaily.com/massroots-sees-loss-widen-to-44m-in-2017-with-revenue-totaling-319000/
https://www.thecannabist.co/2018/04/17/massroots-marijuana-tech-loss-44-million/103717/
The only bills they had were the ones to from the promoters like IRTH Communications to move paper on behalf of Leighton, Honig, Stetson, Sohum Shaw, Dan Hunt, Steve Markowitz and others behind the scheme.
Look at the pathetic financials. Revenues down 54% and expenses up 159%. If that does not have scam written all over it I do not know what is. It is obvious this crook misappropriated money and spent millions on stock promoters to move the paper of Leighton, Honig and the other crooks. Increased stock compensation by $15M explains how this fraud paid the promoters and his buddies like Sohum Shaw, Dan Hunt and Markowitz.
Travel expenses increased over 3 fold sa this crook had to travel the country looking for drug parties and entertaining his boyfriends. You have to love how they stated the payoffs to Keber, Fitch nd In Seeb. I would hate to be on the hook for the crimes this cornpany committed. This has class action written all over it!
There is NOTHING legitimate about this company. Nothing, and I repeat NOTHING, is on the up and up around this company. They have.a pathetic management team, zero skilled employees and know nothing but how to steal from the company and hire stock promoters. This company will get run ove like a injured squirrel in the road when any real company wants to enter the space.
They have no data and the user base, much like their upcoming financials, are all fabricated as part of their smoke and mirrors strategy. This is nothing but a liquidation event for a selected few insiders such as Leighton and the other penny stock frauds involved in this company.
The technology is a piece of crap. Can be replicated with better off the shelf software. More importantly, this scam is nothing short of a stock scam. All they know how to do is raise money with slimeballs, issue stock, steal from the company and have not a clue how to make a dollar. 4 years and $20M later, they still cannot figure out how to be cash flow positive or make an honest dollar. Company is run by a bunch of ill respected frauds.
The only data they have is Dietrich’s personal bank account number and DTC instructions to frauds like Honig, Leighton, Markowitz and Stetson.
They can legalized it globally and it would have no effect on this scam. Bigger, better, properly managed companies will roar right by this scam. Dietrich is the Bernie Madoff of the industry and the company is the Enron of the industry.
They have nothing. Their technology is garbage, their traffic is garbage, and their financials are garbage. This scam has not made an honest dime since inception.
If you are referring to that clown Sohum Shaw, he is nothing but another failure much like Dietrich and nothing more than Dietrich’s drug buddy? Met a guy at ArcView that gave me the whole story on that fraud. What experience does he have and has anyone looked into how many shares Dietrich threw his way? He is nothing but another loser stoner trying to act as if he is a businessman and will end up going down with this sinking ship. He is probably Dietrich’s boyfriend as well.
This scam is the laughing stock of the conference as everyone knows that they are just trying to rev up the promotional machine one last time. Management has ZERO credibility outside of his 2 employees and scumbag promoters. Stock will soon be below $0.20 as predicted.
Yeah. When these frauds have to resort to advertising their garbage of a company via ads it is usually a kiss of death for the stock as Leighton, Honig, Markowitz and their stock fraud buddies are usually on a last ditch selling spree. Class action suits should follow as soon as they finish fabricating earnings for Q4 as everyone knows the truth of why went on?
Really sprung back well. Soon to be under $0.20. Maybe if these frauds would put the pipe and male escort classifieds down and do some work for once they would not always be late on the filings. Being late is just another sign of their inexperience, incompetence, and scam mentality.
They do not exist. The clown of a CEO is too busy selling stock rather than fabricating financials to over up up the money this crook Dietrich stole from the company last year on his oocaine & male escort binges.
Looks like your scam about to break $0.24 on its way to dime and below....
I think you mean the laughing stock of the conference....Nobody believes a word out of this stoners mouth and everyone know that this is not a rel company, simply a tool for Leighton, Honig and others to scam people with their flare for stock promotion and low price issuances. Dietrich is nothing short of a crook.
4.20, 5/20, 6/20, 7/20: MSRT is Nothing but a SCAM
1; It could be April, May, November, December. This company has nothing to offer the industry and has had a 4-5 year track record of running a stock scam for Doug Leighton, Chardan and others. Recently they hitched their wagon to the notorious micro cap circle of frauds in Barry Honig, IRTH Communications, John Stetson, Steve Markowitz, John Stetson, John O’Rourke and others.
2. Their press releases are nothing more but part of the PR scam associated with the stock promotions and never have any reference to real, verifiable revenue or real business/. How many times have we seen bogus releases around “drastic upgrades and cash flow positive in the near future”???
3. Their app is a joke and nothing that a blind monkey could not replicate in 2 days and for less than $5,000. The real (active) user base is minimal and the app is laughed at by almost everyone in the industry.
4. Company CEO is a two bit fraud who has a long history of using company funds to support his drug habit, fascination with male escorts and paying his smoking buddies a salary all while the financials have been the joke of the industry for the least 4 years.
The entire universe could go legal and it would have no bearing on this scam. They have NO BUSINESS to offer any real company!!!
When are you going to realize that just because you claim you are a cannabis or crypto-scam does not mean that you will benefit from any industry momentum. This scam has no business to offer anyone and is nothing but a stock scam for Doug Leighton, Barry Honig, John Stetson, Steve Markowitz, IRTH Comminucations and others. 4/20 could become a national Holiday and it would have no bearing on this scam.
What happened to your “never going to break $0.25” song and dance??? Between insiders selling, anticipated pathetic fabricated Q4 financials and certain finger pointing by the frauds running the company, this pig is cooked!