Novice looking to learn and find a method
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My opinion is Flit in UK is totally separate only link was cross platform use. But there certainly could be more to the story.
Yes I don't mess with OTC somehow I subscribed to Stockcallers, they were P&D scammers. I got in late after Cataca to FTWS paid a high price and just let it sit to see if anybody would ever buy Tobi out. Not risking a bunch of money either. But I still like the niche of FTWS had it been reputable.
Tobi is not his native name & I cannot find info on his old name. When he first did the CATQ to FTWS switch he still had a Facebook page under his real name. It has since been deleted.
I am just trying to figure out the rationale behind Daniel's efforts. Is the App/Platform generic out of box or did FTWS develop it? Then what is the true value if FTWS developed it. I can understand it not being on the books yet if it has value being a young start up.
In order to keep a shell? I am having trouble grasping all this effort otherwise. The APP developer is listed on Google play store as FTWS.
Secured by diluted worthless shares though why not just go straight to Chapter 7. Emry Capital is at the same address as Min a Mar group.
Why would anyone put more money in this if some type of asset does not exist? Because the customers will be gone. Unless the accredited investor is just looking for a loss for tax purposes.
I believe that FTWS has proprietary software/platform that is of some value. No way anyone would purchase block stock or extend line of credit without it. 8-K states the $150/$500K is secured. Secured by what? Has to be more than goodwill & customer base.
Maybe a Father Son thing?
This proves Tobi has no rights:
6.
Intellectual Property, Confidentiality and Investment. The Executive recognizes and agrees that all copyrights, trademarks, or other intellectual property rights to created works arising in any way from the Executive’s employment by the are the sole property of the Company and agrees not to assert any such rights against the Company or any third parties and hereby assigns any and all such rights to the Company. Upon cancellation or termination of this Agreement by either party for any reason, the Executive will relinquish to the Company all documents, books, manuals, lists, records, publications, accounts, computer files or other writings, keys, credit cards, equipment (including but not limited to a leased automobile), or other articles that came into the Executive’s possession in connection with the Executive’s employment by the Company and to maintain no copies or duplicates without the written approval of the Company’s Board of Directors. The Executive will maintain in confidence during and subsequent to the Executive’s employment any information about the Company or its employees which is confidential information, or which might reasonably be expected by the Executive to be regarded by the Company as confidential. The Executive will not make or direct any personal investments based upon information conveyed to the Executive as the CEO of the Company where the information is conveyed with a request of confidentiality.
https://content.edgar-online.com/ExternalLink/EDGAR/0001511164-17-000790.html?hash=fc045d184f8cc92c40ed2ee5a2275b8467dbf372868c746fe460d9662ae5c86a&dest=F1001_HTM#F1001_HTM
Maybe Daniel will at least be 1 for 7 with FTWS. Bio says 41 yo but everything I found on D. J. S. was a man in his 60's.
Maybe Daniel will disclose who what when & where. I just assume FTWS developed or paid to develop APP & internet platform.
Wikepedia: FlitWays is travel company based in Los Angeles. It produces both a mobile app and enterprise platform, which can be used to order or plan ground transportation
That is a question for which we don't have answers yet. Best I an tell FTWS did have involvement in their own platform. All the money had to go into something & Tobi did claim to direct employ techie's. Of course it could all be a Lie.
Tobi doesn't have a leg to stand on unless he has an intellectual property type claim on the platform. IMO he forfeited that by a lack of fiduciary responsibility and by reverse merger taking it public.
Yep ole Tobi has some hard days ahead. Diversion of funds is usually a serious deal for publicly traded companies. Hope he doesn't drop the soap.
When your customers go elsewhere its hard to get them back. That will be the biggest turn around challenge.
Web site down again....
Website is back on it was down yesterday
I would think emergency injunction against Tobi will be the next step to reclaim passwords & platform. Flitways probably owns the platform which Tobi loses due to his incompetence IMO.
Website???Really its gone
Once you lose continuity with customers its over
Now we know why APP does not work
Tobi will become inmate #________ what a joke. Nigerian scam artist wish I could find his real name. He is and has been a crook for years. Showed his true colors.
An accomplished CEO would post numbers of fiscal success in a bio. Lack of info tells a story.
Hoping for the best prepared for ZERO
Find a success story on Daniel & post it. Where he took an under performing business to complete profitable success.
Vendor type agreement on paper nothing more that I have found.
How is it advantageous for him to do this? I don't typically invest in OTC, just happened to fall for this P&D.
We could debate the lies IMO App is the lie. Does not work after all this time???
Posting old PR does nothing for this junk, please post something current that accuratrely portrays. Heck I have a reseach report with a strong buy rating PT $9.67. How accurate was that two years ago?
Sure doesn't leave one with a positive outlook.
Leaning towards more stock offering with a revised growth strategy. They need ads at airports, train stations etc. growth has been poor.
I agree, after looking @ Min a Mar group having other shells available why choose FTWS? Was it the cheapest or something bigger on the horizon?
Droid working for me today.
D. J. Sobolewski affiliated with 12 companies in the last 18 years zero success rate.
I downloaded off Google Play Store today & the same thing happens to me. A guy looking at his phone with a message saying poor connection. Which is BS as other apps are working fine.
Now listed current on OTC, lets hope he does better than the 9 inactive companies in Florida he has been associated with in the past. No telling about other states I have not searched.
This is not the same D B Capital Inc from Florida
Uber nor Lyft are profitable with all the backing they have. Flitways needs about 20-30 million to survive & advertise. Probabilities are really low here for success. But I still love the niche & applaud the effort.