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Re: Rhew123 post# 21135

Thursday, 06/22/2017 9:27:09 AM

Thursday, June 22, 2017 9:27:09 AM

Post# of 44452
Exactly R123. SVTE is definitely a flipping POS.

Rhew123 Thursday, 06/22/17 12:48:50 AM
Re: angelo2112 post# 21132
Post # 21135 of 21137
Not sure if it's convincing or not...

but, the CEO has lied to many shareholders in the recent past, especially around toxic notes (he promised no more would be used... only to turn around and do so).

He also put out a false PR stating that the MCV acquisition had been finalized when it in fact wasn't - and was never completed.

He also just recently raised the AS significantly over a short period of time - now sitting at 8billion... with his history of toxic debt, who knows what that's for...

CEO has been sued for fraudulent activity in the past.

He loaned funds to Hallmark (a company he owns) and then just wrote it off the books.

He took out a $300k loan with no explanation... even though plenty of cash was on hand.

And I believe that revenue may have stalled, if not dropped a tad over the last quarter or so (admittedly not as up to date as I once was)...

Last red flag, the obvious pump recently.

Again, not sure if that's helpful or not, just my take on your question.

GLTY!!


Nothing I say, post, or do should ever be considered financial advice. It is just my personal opinion. I may be holding a long, short or no position. I am NOT or NEVER have been compensated to post on here and my posts are for entertainment purposes only.