Thursday, July 17, 2014 12:31:17 PM
I think what is lost on some is that the only company with products is BBIO, and they are a private company. They were never actually purchased/acquired, because no share issuance took place officially. Same with iEquity. The 60% ownership was never officially passed...just a 50K/month debt to them that needs to be paid in shares, which is likely still not issued, and now that the stock is banished to greydom, never will be, at least not officially. Unregistered shares? I'm sure there are tons.
What will be the undoing of BBIO is Hoye's acceptance of a position on the SKTO board. It was previously posted that money from any criminal enterprise used for payment of any asset in any way could cause seizure of the asset. Any connection could be the end of BBIO as well. Unintended consequences, so to speak.
Kevin Allyn might want to put up another Technorazzi article, paid for by him, to try and distance himself from this scam. The only rain he's brought is hailstones from the SEC. They hurt.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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