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Re: Starlost post# 46533

Wednesday, 03/22/2017 7:21:10 PM

Wednesday, March 22, 2017 7:21:10 PM

Post# of 58418
It's not just inexperience, it appear that he is bad with finances. He's spending $1600 a month on a warehouse he's not really using (no product to store), he gave RedChip at least $45000 in stock (they did absolutely nothing but a couple of videos where he repeated a lot of the same things he said in PR's and CC), he increased the A/S to pay debt/by issuing shares of stock to note holders (didn't have money to pay debts any other way, so now the share structure is a disaster) and diluted stock shares to get money for a production run (because no one will give him a dime).


He say he came from the corporate world. Was he kicked out, because the person I just described does not come across as a person with good corporate experience. IMO