Tuesday, August 08, 2017 12:39:59 PM
From what was explained to me is Ken used the company as his personal piggy bank and thus driving the company into debt and tanking the stock.
What I have gathered is I think Ken is still a major share holder so I think they are keeping quiet so not to add value to the stock till they can get the shares back. This is not something Mr. Riley told me but this is the feeling I get.
There is currently a active law suit that is still playing out between the company and Ken but the specifics were not disclosed to me.
I believe once they are clear from Ken I believe the current true profits of the company will be known.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM