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I've seen this topic mentioned several times. Now there'll be a vote on whether or not to launch? Is that lenny's idea of a joke? He should have done a vote before the reverse split! Tell me the vote thing is pure speculation.
If the pps. goes to .50 we'll all be selling for a nice profit!
I hear you Jazz. I still believe you are sincere. I hope your faith in lenny is not in vain. I realize that it's better for all investors if lenny meets one of his self imposed deadlines. Take care.
Until lenny keeps his word even once, investors (remember us?) will hold his feet to the fire. No, people who have lost money here will continue to warn potential new investors what has happened here in the (very recent) past. The main person who has destroyed this company is lenny by creating scheme after scheme to raise money and support his lifestyle. You continue to make light of people losing money on his schemes. The founders scheme was, frankly, an outrageous and obvious money grab. It saddens me to see you attack people who have lost their hard earned money on lenny's schemes. You drew a line in the sand months ago and the goalposts keep being moved further away. Hopefully you wrote this post on your third glass of chardonnay. I'm a little surprised at your tone. Take care.
Hopefully, Rick AND Tony are going to jail......
Tiger's leading by 3.
I'm not sure. There's been so many pr's. Hey! Repost the one when Duane was hired! The retail guru! I jumped in right before this pr @ .0011 I bought and sold my way to .145 or so. My mistake was buying some at .007 on the way down. I turned a five bagger into maybe a 20% gain. I still believe Jazz means well, but I think some other posters bought founders units and are sweating it out. lenny's laughing all the way to the bank!
Hey CB, you're going WAAAYY back! This post was part of the pump to .0145. I think lenny (and betty)STILL have some money left from this pump and dump.
Just to be clear, I did not buy in as a founder. I thought it was dishonest at best and a pyramid scheme at worse. I think you have a right to your opinion and the right to express it however you wish within the TOU (TOS?) on IHUB boards.
Jazz with all due respect, longs knew they were taking a risk. People who bought founders units were promised, dare I say guaranteed, a steady income stream. I remember you gleefully posting about your commission check(s). Don't be so cavalier about the founders not getting their checks now. It makes lenny and those who are close to him, look dishonest.
All he's followed through with his maintaining his lifestyle at investors expense.
The way to keep milking investors is just the way lenny's doing it, lots of talk and no action. People keep investing and continue getting no return.
It's not about lenny getting rich off of the founder's program. It's about the perception that only lenny benefited from it. Now the founders are bagholders also. Now he keeps blowing through deadline after deadline, all the while coming up with new schemes to raise money from existing shareholders. We've done our DD.
I've been saying since the forward split scam in may 2011 that tonyd was a scam artist and benefitted greatly from the music matrix scam.
Lenny has the founders money. Another missed deadline. Anyone surprised?
The true motives of lenny have been consistent as long as I've been a long here. The only question IMO is whether he's figured out a way for longs to make money also. He's been making money the whole time, while founders and some longs are waaaay under water. The founder's program was a stroke of genius.......
You're correct. The share structure preludes any rise in the pps unless there's incredible revenue producing news.
Is Duane still part of lken mgt?
One of my other stinky pinkies went from .0002 to .0024 then from .0007 to .0077. Could enti be next?
Frankly, I was always amazed at the message volume on the board when there was complete silence from mgt for 20 months. Now a poster buys the company and everyone is quiet. Where's cashclan?
There's been posting on this board every day when there was no feedback from anyone. Now that someone has stepped up and tried to do something the board gets quiet. What's up with THAT!?
Not surprised that there's no response. Six business days left in this month for the "launch".
Tiger's website still lists Fuse as one of his sponsers. In fact the section "what's in Tigers bag? has a nice photo of Tiger's bag with the Fuse logo on it. So what's your point?
Checking in from time to time. Still not sure how this launch will help increase revenues or pay founders commission checks. Will this launch be in conjunction with a pr campaign?
Unfortunately that's true of most pinksheet stocks. This has always been more of a pharma play than a energy supplement play IMO. I think longs will get at least one more chance to make a profit soon.
Thanks. Don't understand why they don't post it on the website.
That's my question. Normally SG posts a replay or there's a way to call in a listen to a replay.
The CC replay is not available?
It always makes sense to take a profit, especially for a speculative stock which doesn't have enough revenue to service it's outstanding debt. It would be nice if this is the bottom, but the pps will probably go lower before it hits any new highs.
There's still not enough revenue to service the company's debt. I missed the CC so I'm not sure what SG is projecting.
This is looking more and more like the pps will drop below .01 if we have no news soon. Amazing that so many celebs lent their name to this poorly managed company.
Any idea when the CC replay will be available? I missed the CC.
All I know is that I'm in NYC and I've never seen any Fuse product in any retail outlet. When I asked about the product in a Walgreens or GNC, no one, including the store manager, had ever heard of Fuse. What happened to the advertising campaign? Those annoying emails I got everyday for a few weeks, was that it?
After hurricane Sandy, the City of New York offered emergency financing for businesses. 18 months @ 2% interest. There were very few takers because of the short pay back period. 60 day financing is for desperate borrowers.
So they could dump them.
As I said, it's very hard to put a positive spin on this 60 day financing.
So in case of default the lender(s) take control of the assets of the company? In 60 days? Or do they just convert the shares and the price drops another 75%?
I don't think mgt would have to accept 60 day financing if they had revenues. It's hard to spin this into a positive.
Haven't had a chance to read the filing but if Fuse has 60 days to pay back 700k plus interest it's a huge red flag.