LEGAL SEC FILINGS.. for this to be a SCAM, they would to have taken the time and spent the money to:
-buy SPCL shell, and compensate Leonard Caprino
-pay for all services required to RM into a Shell company - this includes lawyer fees, auditing fees, SEC fees, State fees, and everything in between.
-write up and submit an extremely detailed 112 page 8-k
-plan a 1:10 RS on Authorized Shares
-actually audit their financials
-Employ ~50 people - all of which would be affiliated.
-code and release their readr app. - must have taken time and money.
-pay all other expenses involved with running an ACTUAL COMPANY
Wouldn't they have to answer to all those publishing companies, if they could not deliver?
Social media presence seems to have died down last year, around the time Pixelmags announced it would be rebranding itself - don't they distribute to other platforms, anyway? Also, around the same time Ryan Marquis, and Mark Stubbs left to start Plastc.. THEY ARE ENTREPRENEURS - does this not make sense? They have given themselves to Pixelmags since 2009, so why not grow a new company? What if they don't want to spend their entire lives running Pixelmags? Many entrepreneurs grow their businesses with hopes of selling or being acquired by another company, so they can move on and start something new. My point is, the founders leaving is a neutral piece of information, until proven otherwise.
There are more than just audit and RM updates. The filings list the companies involved, parties involved, and lays out legal stipulations regarding share structure. In addition, we have seen updates that confirm the statements made in the may 8-k. Any plans that stray from statements made in previous 8-k must be ammended ASAP, as per SEC. This is what we know.
Aside from the 8-k and the SEC - There is a lot of market research that can be done, in regards to HTML5, D-a-a-S/S-a-a-S, and other trends. This company has the ability and capability to distribute cleanly and as intended, content and ads across multiple platforms IMO these capabilities and real world applications, make Pixelmags a valuable asset.
Am I missing something?
SPCL/Pixelmags
GLTA
AI
