Thursday, October 22, 2015 10:30:16 PM
He makes money and yes a hefty penny by selling shares in companies that at first look like they have potential. Whether they succeed or not he wins. He will and has always dangled carrots in front of investors with big news, mergers, and deals with companies that either never heard of him or are in on his agenda. The business don't succeed, and most of the time that was never the main goal.
It's sad, some will continue to give him more and more chances... Many haven't followed his ventures over the years so you can't blame them for having some faith in what always looks like a massive valuation to be... But there will always be the sudden road block every time that puts an end to the the plan in motion. Rico and co. are always "disappointed", apologize to investors, takes his share selling $$$ made and moves on to the next scheme.
BK
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