InvestorsHub Logo
Followers 1
Posts 425
Boards Moderated 0
Alias Born 05/14/2012

Re: None

Thursday, 05/05/2016 8:15:47 AM

Thursday, May 05, 2016 8:15:47 AM

Post# of 9289
10Q Shows Massive Fraud

Still no revenues

Massive dilution from private placement

Management sold 55 million shares of stock for 3 cents per share, ha ha

Lawsuits mounting

Default on debt obligations

Inability to make lease payments on office space

Inadequate financial controls

More asset impairment charges - their tech is worthless

Negative working capital

No evidence they have an outside auditor anymore

All this is is a piggybank for the CEO and his family





Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.