Just wanted to say thank you to Stock Barber for his warnings about the stock, I got out while I could in the last couple days shortly after buying in. There's just no way that the events that are promised could possibly be true.
It makes absolutely no sense whatsoever that a newly found company could raise $500m for a shitty penny stock that has only 3 patents pending, no prototype built after years, and no licensing agreements with any other company. What??? Whaaaaat? How could you believe a company that has no working device be worth half a billion dollars? There are startup companies that are worth MUCH less than $500m that have working designs. That fact alone is already enough proof to realize this is a blatant lie.
The company is clearly not transparent about a lot of the inner workings of the company either. It omits a lot of important facts (relating to the TA and the financials of the company, like the fact the R&D of the company is literally $0). And how many shares of the company belong to the owners still? How do we know they're not selling into masses and diluting the stock? They keep it secret because they don't want you to know they're screwing you.
If that's not enough, the fact that Michael Hayes has a TRACK RECORD of letting down investors time and again furthers the notion that he's a scammer and liar (the $100m/year promise from years back, the $1.2b Coopervision promise, and now the 9.8 cent per share buyout promise today).
I was merely trading on the technicals of the Stock prior to visiting this forum, but I'm glad I stumbled upon this first.
Stock Barber, thank you thank you for the advice and help. I'm really glad I got out when I did because I know tomorrow will not be pretty. I don't need to know what the update is going to be tonight to know that it's going to be a bunch of bullshit
AI
