All this speculation when the answers are so simple.
The lack of filings is related to the lack of funds. The 10k is an audited report and cannot be filed without a current corporate license. The license was delinquent because...come on...I know you can do it...that's right...there is no money. The license was brought current but you need to not only pay to file the forms you need to pay your accounting firm...yet...there is no money.
I don't think Ali planned to dupe shareholders by creating EYETALK365. I actually believe he thinks he does these things to help shareholders. IMO he seems to believe that the pps is separate from the company. It is a way to make money while he tries to make a successful company. He releases PRs to pump the pps and people lend them money via convertible debt which they then sell on news. Going public is a way to fund the company...because it's obviously not an indication of something of value.
It's all very simple.
The fact is...there are no filings because there is no money to file. There is nothing to be told in those filings so why bother filing them. Also, the lack of filings helps to create that speculation that "something" is going on when its not. It's a game Ali plays to pump the pps. So to summarize...
1. No filings because there is no money
2. EYETALK365 was not a way to dupe investors out of their investment although the release of the licensee information was a way to create speculation around a big name brand in order to pump the pps so note holders could make money.
3. Ali actually thinks he's helping investors by what he does
4. The lawsuits are a way to get money to bring the filings current. This has not panned out like Ali hoped however.
5. There will be no buyout here
6. PRs are released to pump the pps so Ali can sustain himself and the company until it is making money.
Lastly, Ali's slight of hand with Greenwood and EYETALK365 has dug himself a hole that he is having a hard time climbing out of. There is no way he will convince the SEC it was legitimate. I believe REVO is all but done for.
What we have here...is a failure to communicate!
