After Lots Of Research And DD
I have come to the conclusion that many have
just experienced a classic "Pump & Dump" .
After re-reading and investigating, under eyes like that of an attorney, I believe most have been tricked and deceived while getting caught-up in the momentum. Some may have gotten out alive, but others are just now realizing that they have been tricked and trapped.
There really hasn't been any revenues to make a dent in their debt. And people will see that the recent dilution has been staggering. What a coincidence, huh? The dilution Pump-Jockeys have left the building, and now others have nothing left to do but to save themselves.
You (pl) can't gloss over the Pump & Dump and pretend it does not exist. You can't gloss over the massive ATM dilution that has obviously been taking place. You can't gloss over the massive debt. You can't gloss over the low revenues. You can't gloss over the massive dilutive convertible common share notes. You can't gloss over the dilutive warrants. You can't gloss over the fact that they give the farm away for peanuts. Unless... you have no choice but to try and keep it all swept under the rug.
All one can really do now is try to keep up appearances, by rehashing the same old "Pump & Dump" that was fallen for in the first place. It's really all that's left.
The lack of real DD is just astounding too. Maybe that's deliberate. Just for small examples... some don't take the time to research the NASDAQ delisting notice. And nobody explains it accurately. Eventually it will be a threat. But it is only being used now as motivation, to try and prop the pps up for 10 trading-days. The Quarter report date is an easy one too, but some are saying it's around Nov 3rd. A few minutes will tell how wrong that is. But again, some are just trying to stretch this all out to hit the 10 trading days, then they will wonder why there is no Quarter Report out yet. But this should tank before that anyway, imo.
This is pretty obvious stuff.
