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Saturday, June 07, 2014 11:49:14 AM
This is so disingenuous. You're talking about a holding company with no verifiable or quantifiable revenue, despite having at least 10 "logs in the fire." You're talking about a suspended stock. You're talking about an OTC stock that trades for under 5 cents. You're talking about a stock that has had 7 aliases in the last decade, of which none have had any measurable success.
The only proof you have that this stock will ever be worth .12 is based off the word of a man who has failed to delivery on literally 100% of his promises so far. He has failed to deliver on basically every past promise including: PRIMARQ (worth 200mil), AFFW shares, ShareholderConnect (which doesn't exist, but was scheduled to launch May 25 and bring in 100k per month), 420Banc (which doesn't exist and was purchased from eViteXchange, a site whose member services lead to dead links—not to mention the blatant typos, grammatical errors and ultra-generic web design), ThePumpTracker, FRTDGroup.com/FRTD.net/FortitudeGroup.net (none of which exist), InvestorLynks (doesn't exist), VaporVites (5,000 units sold to un-named dispensary with mid-April delivery, which then increased to 15,000 orders even though delivery was pushed back to June, with 43,000 additional unfulfilled orders set to ship in July), 420CashCard/Affinity Black Card/American Express Affinity Elite Card/Affinity Elite Card, free $25 for shareholders, un-named Internet property with 1.6 mil members valued at $25 per member, FRTD buyback, MariMist, bail bonds deal (worth 33mil per year in revenue), merger with new company closing late May 30th or early May 31st, then Monday, then Tuesday, and now in its "final stages." Maybe if one or two of these had panned out, you'd have a point.
Doesn't this merger sound a lot like the ProCap Funding acquisition, which turned into a partnership, which then turned into nothing? (Unless I missed that. But I see no evidence that I did.) This was announced in October of 2013, and on April 30 of 2014 this was released:
On October 24, 2013, the company announced that on October 3, 2013, they had entered into a share purchase agreement to acquire ProCap Funding, Inc. This acquisition was conditional, requiring specific performances by both parties. As of the beginning of March 2014, this merger had still not closed.
But we are to believe that this upcoming merger will close in a few short weeks?
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