Thank you its 100% factually based. I wouldn't say the scam, if there is one, is directly obvious from the Form 10, nor is it a scam in the common understanding of the word.
The term I'd prefer to use is fishy. Titan share holder is fishy. Large discrepancies in the finances are fishy.
No actual contract between ED and Myecheck is fishy. There needs to be more than an apparent at will relationship between Ed and the company to maintain investor confidence.
Nasdaq is still possible but the big money will be wary to sink money into a company in which the patent owner and CEO can walk away at will.
Disputes in leadership happen ALL the time.
What if down the road the company starts doing well and it is for whatever reason decided that ED is no in the best interest of the company's future going forward? That could EASILY happen.
The idea is to get this company generating revenue and also build a foundation to make it safe for big money investors to come play here. That is the only way we get our $1-$5 PPS.
After the Form 10 we have taken steps back to that goal through revelations of anti big money investor risks and poor (relatively) financials.
All facts above, and not a good hour for MYEC. Long term PPS target, 2-4 years, still seems conceivable but it has been damaged.
You could disagree, but the falling PPS will support my contentions.
All IMO, GLTA.
