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Wednesday, September 02, 2015 8:08:54 AM
Like using stock money to renovate a warehouse that he personally owns with BiVi money. Decicco is giving BiVi $750,000 to renovate and to give decicco control of the money with no idea what he will use that money since there's no filings and of course since he owns 50% of BiVi... What a scam.
Paying himself $350,000 salary but never produced a dime of revs in 10 years.
Having $5,756,350 in warrants since 2010.
Has loans of $620,225 with no real means of income to pay back. Defaulted on prior loans.
And by 10-09-2015 could have as much as 100,000,000 shares dumped as Sable Ridge Specialty Equity Funds convertible comes due in October.
AO is at 2,500,000,000 and he will dilute this to the max and then R/S just as before.
Took out $200,000 worth of stock in convertibles on 12-14-2014 and paid MMBA (Medical Marijuana Business Academy) $125,000 to merge but the merger failed and now MMBA has to pay back the $125,000 back in a 10 year payment plan at 1%. What a great friggin deal that was LMAO.
Decicco has promoted Red Hammer, Yo Vodka and I think about 4 other products that has all failed but he became rich and lives in a $3.5 million dollar home. Not bad for a CEO that has never produces a friggin dime in rev's in ten years.
Just in 3-2013 Decicco had ICNB file bankruptcy on $5,281,236 of indebtedness on the last promotion that Danny Devitos was involved with. He couldn't even make a dime with that.
This stock is nothing more than a shell selling shares to make one person rich and that is Dirt Bag Richard J. DeCicco....
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