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It’s easier to go on sales junkets (vacations) than circumvent the laws of physics. The fact they’ve been having the same seemingly innocuous issue for the last five years pretty much tells you everything you need to know. It’s all just a cash grab.
Cost saving moves?!? They eviscerated the entirety of company leadership. Stick a fork in it until the next crew of misfits shows up to issue the sub penny shares.
Promoters - exactly
I remember asking Valenti why in the world if Electra worked didn’t they at minimum license out the tech. No good answer and that was the beginning of the end for me. Thanks goodness for the pop to .30 a while back..... nothing adds up here, ever.
Gig may be up soon. Got to give them credit for a 20 year run of nothing but shenanigans. Criminal if you ask me.
Yes no doubt the AS will increase. Keep up the good work.
Don’t forget the new mini aot! I love when they turn to derivative products after failing to execute on their flagship. I really hope everyone in management gets sued for this sham.
Seems like reverse split is imminent
I’d love to see someone untangle this 20 year web of lies and deceit, but there’s no money in it unless you can pierce the veil and sue management and their agents directly and personally. Feel sorry for those who’ve been long here, brutal.
Not shocking they still couldn’t get it to work. I guess they couldn’t rewrite the laws of physics after all.
The “problems” have been variations on the same theme for years. Just trying to run out the clock at this point, it seems. Fixing a power supply short doesn’t take 5 years.
There are scoundrels everywhere trying to get a piece of this scam. Remember Energy Tech Africa? Its address was a strip mall with no discernible office space. Unscrupulous players like those all throughout the history of this company. Bigger couldn’t even get a test right and was traveling all over the world looking for opportunities? Please. It’s impossible to take this company seriously and the only people telling folks to do so likely have a vested interest in the turnover of shares.
Quite an incredible tenacity between company and its covert agents. Hopefully some court eventually unravels this fraud and holds wrongdoers accountable.
Somebody delist this ticker already so people stop putting their families into awful spots. What a scam.
Par for the course. This security is the gift that keeps on giving, always at the expense of the shareholders.
Lol and looks like we have another CEO departure. Gig only lasts a few years. I have to give them credit, they’ve just rinsed and repeated for almost 20 years. What a shame.
I doubt they even have lawyers involved in this scam. And you’re right, everything is couched in fluffy forward looking statements. Only thing they’re good at is selling new paper to new “investors”...
I’m not sure that elephant even fits in a room any longer. Good grief.
It will never change
I forgot about AOT underwater edition - classic!!
Seems like they’ve concluded the power supply excuse is a proven winner. Rinse, repeat.
Hey, whatever happened to Energy Tech Africa? Those guys seemed legit!
Buy the dips, right!?! Why wouldn’t you have a ton of confidence in them, it’s not like they haven’t been able to fix a power supply issue since 2015 or anything.
Shocking! Well, since they have some delays, might as well issue another couple hundred million shares!
Looks like all the conjecture was for naught..... SOP for this company, Shame on management and insiders.
This is what happens after every time it is run up for no apparent or justifiable reason
I’ll believe it when I see it. Until then, business as usual (outrageous claims, selling more paper, and a new sociopath ceo every few years).
The company’s failure to pursue the production or even licensing of the Elektra pretty much tells you everything you need to know. Staff literally told me that they didn’t pursue that device because “they could only make a hundred bucks” on each. Uh, okay. Sure would have been nice income stream for the company (note it’s been years since it was shelved and at least three years since that conversation). Would any reasonable person make that decision? No. Occam Razor suggests the device simply didn’t work, probably along with the AOT. Gotta give them credit for keeping up the fluff, though!
thats a new approach, arguing that burning through $100 million “never mattered anyway”. I guess that’s true, other than the small matter of there now being a quarter of a billion shares out there. I suppose dilution never mattered anyway also.
“High quality company” - thanks for the chuckle
The same team that claims Elektra worked but didn’t further pursue it because they could “only” make $100 per unit? Pure snake oil from Elektra to AOT. But I’m sure I’ll be impeached by the rehashing of company PRs....
It’s all smoke and mirrors. No chance of success. How they keep this charade going is beyond me. Can’t wait to see who will be the new CEO for 2022...
Greedy and unscrupulous management?
This is never going to improve. SK does not care about your investment.
“250M shares outstanding is solid for company that has raised as much money as it has...”
Wow, now that’s a statement.
Only saved from bankruptcy through repeated dilution. 250 million shares - nothing to see here. Definitely not a scam, guys. I’m sure this year will be the year, right? Keep up the good work!
Proponents of the stock have been saying that for decades. I’m sure that pot of gold is just around the corner. Maybe next CEO or the one after that!
Pure sham. How it has gone on so long....
The company has been at the development stage for 20 years. Meanwhile, its leadership and others have perfected the art of flogging paper. 250 million shares worth.
None of the LOI’s are binding - it’s all a sham.
Definitely not dopes. Opportunists more like. All aboard the management gravy train!