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Sunday, December 27, 2015 4:51:28 PM
First: Yes, the shares are worthless. Do you know of a public market for those shares? Of course not, there is none. They are completely illiquid. Jerry can't sell them. He can (and will) fabricate any number he wishes and pretend that's their worth, but they can't be sold and are thus worthless. I note you don't mention what you think they're worth, that's because they can't be valued. There is no market for them.
Second (and more importantly): Jerry lied through his teeth when he described the deal to shareholders in his July PR. I know it shouldn't come a surprise to anyone that he lied, but there simply no way anyone can say, with a straight face, that this share swap wasn't prearranged from the beginning. When Jerry talked about products and revenues beginning IMMEDIATELY, he was flat out lying.
Forget all Jerry's previous scams, where failure followed failure right into bankruptcy. Lets look at his track record HERE: Smarterita? Gone. Over a million dollars given away. Dollar Shots? Gone. Is it just bad luck, that Jerry makes all these stock swap deals that FAIL? LLOLLOL of course not. They're part and parcel of the scam.
Even beginners know that!
Jordan Belfort in "Wolf of Wall Street": "Rich people don't buy penny stocks. They're too smart."
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