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Scott talked a pretty good game, but performed very poorly. Looks like all of these pinks are destined to fail or are outright scams.
Yep! You are correct!
He said "this scam is done!"
Looks like lenny has milked this cow dry!
Surprised to see you involved with another Ike Sutton offering.
I rode with him on GOIG. Actually met him at a great NYC event he gave. Took a small loss but mostly because I wouldn't take a profit. That being said, I would be very careful before investing with Ike Sutton.......
His focus might be on a family member and lenny's finances.
lennie knew what he was doing. He always put himself first ahead of the founders and shareholders. There was no way the founder's program would work, lennie cashed in real well on that one.
You're definitely not the only unhappy shareholder and or founder, restricted shareholder and whatever his last money raising scheme was. I've been posting about ole lenny since 2011. He thinks that the shareholders are an ATM machine, as opposed to selling enough ink to actually grow the company. I've written this one off and are putting my dry powder someplace more transparent.
Still checking in here. Board seems kind of dead. Is this company still potentially viable?
The future here has been pretty bleak since day three, after the initial pump died.
I would be willing to contribute to a fund to hire an attorney to go after dishonest CEO's. There are tens of thousands of ripped off micro cap investors out there. If each donated $5.00 to a verifiable legal fund? Hmmm?
I would definitely agree that the founders program and the restricted share program were basically a scam designed to prop up lenny's lifestyle. The last money request was a joke.
He TOOK honest peoples money! He had an ongoing business and ran it into the ground,
Don't think he would pay any debts if he had 300K. That would be the final LKEN contribution to his lifestyle.
Well stated. But I will always give SG credit for giving share holders a chance to get out. The PPS went from .0002 to .0076. That gave a lot of investors a chance to get out with a profit.
So are you stating that this stock might be worth $1.97? Anytime soon?
I drop by every once in a while to see where things are. I'm always amazed at the posting volume. The Dibiase brothers buried us. Amazing volume for a .000 bid stock.
This is old news. lenny has been running this scam for some time. Looks like the scam might be over soon.
What about the 3,000,000,000 authorized. Lenny can sell those, too.
lenny's number one concern has always been lenny.
Hard to take this seriously. The stock is close to .000 bid.
Lenny needs the funds that might be used to promote the company to support his lifestyle.
I'll never be but so mad at him because longs from 2011 had a chance to get out when the PPS went from .0001-.0077 in 2013, anyone who bought after that got burned. RS next, I think this deal is done. GLTA
Par value of $1.00-.01? That's not a prediction.
Pretty close to my motto "the best revenge is success". Interesting website, thanks.
At this point the definition would be "Not Dead"!
Lenny has pulled at least 2.5 million out of this scheme if not more over the past 4 years, plus his salary. The founders unit scam was pure genius! The Rite Aid Walmart pump and dump, the restrictive stock scam, lenny's bag of tricks was large. It might be empty now. The reverse split was a smack in the face of all longs.
I feel another pps spike coming! Get ready long term longs! .002 or better.
You really think a bog box retailer announcement is imminent? I haven't checked in as much lately, but at least once a week, have I missed something?
Unless there are higher revenues there will be a RS. The CEO has to eat.
I agree. This scam is almost over. lenny has run out of angles.
Great theory.
Maybe so. Still not sure this has even brief staying power.
I've always thought that there were so many victims of this scam that there would be posters who would stay active for years just to get a measure of revenge.
Lenny would have to give up a big chunk of those 3 billion shares to obtain a business loan. If the company has no revenues then lenny would have to sell or pledge his shares to guarantee any loan. Why do that when he can sell shares as needed. I don't think lenny has believed in this business model in at least 4 years.
Just listened to replay. Scott sounds upbeat as usual. One thing I'll say: as long as there's no reverse split, the shareholders have a chance. If he keeps his word on that issue, then we might make money here. 30 billion share authorized might bring us closer to a RS. Hope not.
Whatever gets the bid above .0000
Lenny spent it on his lifestyle.
Because it's not a MJ stock, it's a scam.