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I predicted he would pull this stuff after he got out of San Diego. Leading up to the CC, he was mentioning this so-called partnership deal over and over. After the Comic Con, they are at summer conventions and he admitted on FB that there is no major revenue before November. Before the CC, he said a deal just had to be signed off and it would mean immediate big revenue. That was one of his final statements that may cost him big. It kept shareholders in this right before the conversions destroyed the stock.
I believe this was all planned out.
OW - there will be plenty of options for making sure he never profits off this if he truly destroys current shareholders. He'll end up in a really bad situation if he does.
If he has any sense left, he'll do the right thing here. We're watching.
It still has a chance to recover, but not if he does a R/S. At that point, all hell will break loose.
I have seen pennies recover, but if he lies about the R/S, it's game over.
He still has a chance to do the right thing for current investors.
Benny Powell - You have one final opportunity to do the right thing here. I warn you that if you go against your word and do an R/S this year, then this turns into a criminal investor fraud complaint. And I know how to do that. I have seen iHubbers get a penny CEO indicted for his statements.
You have said that a R/S would be bad for current investors. That was why you raised the AS. If you go against your word, your company will pay an immense price down the road.
And if by chance you end up making a profit off the GSL after a R/S when current investors get ruined, then your company will be mired in civil litigation to take those profits from you. Your kids will never inherit a company because it would be done.
I am aware of a few investor attorneys who are watching this closely. You still have an opportunity to do the right thing here for investors.
The FB Fan page has now more bash posts than over here. Now how's that for ironic.
This is what happens when you screw over investors. I mentioned a few months ago that in pennyland, ardent fans can turn into an angry mob in a heartbeat. I've seen it happen before. And I've also seen what can happen to a CEO who gets himself in hot water.
Ah, so you're the one who just posted that on FB. Hey, if you're selling you got nothing to lose giving him an earful. I would have called BB a @#$! and really got my money's worth if I were you. Why not - you're going to banned over there anyway. Just like the growing list of his former fans have.
I'm guessing that Kirak got out. He hasn't posted on either FB board in awhile. If BennyBoy banned him for calling him out, then he is an even bigger @%#! than I thought. If I'm not mistaken, he started the FB fan club with Michael.
I doubt Kirak just got tired of posting. I'm sure BB would be happy to remove someone who reminded others of all that has happened here and called him out on the b.s.
If he does, then he has no idea what will be coming. I know a few who are watching this closely. Then we'll see how easy it will be for him to 'just relax.'
I think he knows the answer to that. Because he knows what's coming - and had this planned out.
He could be waiting to release the video until this hits .0001. Then everyone would be stuck in this.
This could really get serious. If he pulls what I think he might, he and his company will be under investigation.
Incredibly wreckless and irresponsible on his part.
Bid down to .0002 - what a CEO.
24.8m & 15m just sold.
LG - I'm not on the 5-year BB bandwagon. All I care about is price. I'll have to see if he addresses a couple key issues on the video. I suspect he'll dodge those 2 main questions I'm most concerned about.
haul - had a convo
with mort earlier this week. Don't want to post it here for the 'sharks and shorts' to steal a line from BB. It's not bad news from him. Nothing that made me do a transaction b/c of what he mentioned.
BennyBoy ordered us to RELAAAAAXXXXX this weekend. For once, I'm taking orders from him - I've gotten started with a cold beer and some sun.
Ah yes, we got our "but wait there's more" set up for the video as predicted.
A couple sentences were almost identical wording in his post today to a February post. So I'm not buying this so-called deal just hasn't closed yet stuff.
But only 2 more weeks of August, which we knew would be rough.
BB just posted on FB. --- check it out.
The fanboy FB page has turned into more bashers now - something you would rarely see before. It's pretty bad sign for a company when a fan page has people bashing the CEO. That's like Trump disciples suddenly showing up at his events saying he sux.
And even on the company FB page, it has degraded to squabbling among investors.
Every company needs a strong leader that is trusted and respected.
Remember the days when this was a great trade? What opportunity it provided in 2014.
There's a stock, BMGP, that hasn't had news in over 3 or 4 years...and talk about shady characters...and its forum gets about a post per month.
Even that is trading above REDG now.
What's the over/under line on how many of the Top 10 questions he dodges? Opening line from Vegas is set at '4'. I'll take the over.
I'll do a parlay that he won't address the R/S question in particular. Prove me wrong, BennyBoy. You dodged that question from several people on FB the past few months - better keep your word on that one. You didn't dodge some so-called rumor that you were going away, which I never even heard anyone saying.
I expect that at some point in the video, he'll throw in the typical "but wait, there's MORE!" infomerical-type stuff to appease disappointed shareholders.
Sounds like he already is doing it in advance: "May need to edit if something happens in next day or two like hoping. Fingers crossed."
Just as in the December video when he said no GSL at this time, but we got these partnership talks, we got HULU (still no numbers released to shareholders 8 months later!)
But wait, there's more!
Remember how BennyBoy said on FB the note holders had "no desire to trash the stock"? Yep, another statement that proved to be b.s.
Do you need reminding what day you said that, BennyBoy? I'll be happy to fill you in - it was July 15.
Oh Lord - somebody just gave her more $$$ after I posted. Watch me inadvertently get the rat's arse paid for.
I'll make a deal. BennyBoy, get REDG up to .002 by November and I'll fund the ratobotomy. If you dink investors around some more, then the rat croaks and you have one P.O.'d employee. Deal?
How can you all be so concerned about BennyBoy's video when Desi's rat needs surgery? Here's her GoFundMe campaign. #ratlivesmatter
http://www.gofundme.com/d53b59haq3b
Save a rat and feel good about yourself.
Looking forward to that video, BennyBoy. Put it on HULU and see if Big Red can get a few bucks from its content. Should be in the Top 20 comedy category.
FB message from BB.
------->>>>> Worked on the video but still working. Will PR when done. May need to edit if something happens in next day or two like hoping. Fingers crossed. Regardless, as to the big questions, yes we still looking for Nov launch as we said. Nothing negative has happened business wise. Only delays were personal ones and the troops continue on.
News alert out on Ihub just now
Mort will tell you - just ask him. I got a very quick response on FB. Very nice guy.
So SA didn't delete his childish response? Or delete the photo of the house?
Any twang can write for SA. Just open an account there.
Mako Research? I'm not an investor in CTIX, but I was just reading the Seeking Alpha article since it was pointed out to me the company took a nose dive yesterday. First off, I am alarmed that the Seeking Alpha article writer posted photos of a home address. They do that to the wrong person, and they would really be dealing with trouble.
Second - read the Mako Research replies in the comments section. This guy is unbelievably unprofessional ---> "I'm sorry you have difficulty with reading comprehension, "someconcerns," next time I will use smaller words and more pictures. I'll include a box of crayons as well so you can write notes in the margins."
You can judge for yourself.
"Good on ya" as the Aussies say.
We're about due to get another FB update from BB.
No hope? Check this out: I was in BIEL at .0002 - it became a 28-bagger on a press release from the FDA which ended up not even impacting the company. Yes, a 28-bagger. And it was a multi-bagger at the open. I logged in to my trading account in the AM and I thought there was a glitch with Etrade. A sudden windfall.
And BIEL had a higher OS than REDG and a CEO that was hated and called every name in the book - crook, senile, you name it.
And there were some bashers on the forum there that the very day before the stock exploded said it would never go anywhere. The same bashers were saying that day after day and even the night before it ran hard. The longs made tens of thousands in a couple days.
He said a few months ago they decided against an R/S. So yes, he does have it in his history to discuss it (what you want to believe about his statements is another issue).
And BennyBoy also said the board felt an R/S would be bad for shareholders.
How do you know who plans or doesn't plan to sue if there is an R/S? Do you speak for all shareholders?
Marki's comic would never come out if they R/S this. His reputation would be ruined with some of his fans.
If he does an R/S- they get sued. Shareholder value would be virtually nil - your sharevalue would not increase, it would decrease even further over time.
So an R/S ends the game one way or another. Legal action would doom the company as well. It would all be tied up in litigation. If shareholders go down, so does the company.
Shareholders would not recover anything in a suit, but the company would not move on either.
Why don't you explain what is so void in your life that you need to spend so much time bashing a stock that you have no money in?
And I'm sorry for someone who has such a shallow life that he spends so much time here for months just hoping to see a company fail.
That's pretty sick.
Your ignorance on RS is eye-opening. You clearly have no idea what you are talking about. You sound like a CEO selling an RS to investors.
Thought you were smarter than that.
In that case, I've lost a lot of respect for you. You always have been a soft basher, but you clearly don't give a sh!t about other people here.
Deep down, you're a disgruntled former shareholder that wants to see everyone else lose their money.
And you clearly don't know how a RS works. You're out of the stock, but you would just love to see a trainwreck. You and I both know it.
Read my prior post. And think about some people who have money invested here before suggesting a RS would be a good thing. It would be disastrous for some here.
As MC said, a RS is a death knell for a micro stock. Anyone who has been around knows that. Shares would be worthless. So stop suggesting that from the sidelines. Easy for you to say that- you have no skin in the game.