Yes, unfortunately. The management has not even a brokerage license or is qualified to give trading advices.
And now they deal with an institution which regulates the financial market, the SEC. How can this work? SEC will have without a doubt many questions.
The business idea comes from a failed MLM, WakeUpNow which went bk after 5 years, 96% of their users lost money. These schemes never work long term. How can anyone count on growth?
Here is a fair and short review: http://mlmcompanies.org/wealth-generators/
I hope i´m wrong, but i don´t see it and the 8-k shows other risks, dilution, reverse split and agreement could be terminated beside many restricted shares which increased the market cap to an overvalued level.
And now they deal with an institution which regulates the financial market, the SEC. How can this work? SEC will have without a doubt many questions.
The business idea comes from a failed MLM, WakeUpNow which went bk after 5 years, 96% of their users lost money. These schemes never work long term. How can anyone count on growth?
Here is a fair and short review: http://mlmcompanies.org/wealth-generators/
I hope i´m wrong, but i don´t see it and the 8-k shows other risks, dilution, reverse split and agreement could be terminated beside many restricted shares which increased the market cap to an overvalued level.
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