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Monday, October 16, 2017 4:19:52 PM
The stock has traded between $0.0001 and $0.0002, mostly at $0.0001, for a month! That's substance.
The volume continues to decline. That's substance.
Management has been silent for six weeks, while the stock has gone from the pathetically low $0.0007 to the absurdly low $0.0001. That's substance.
They have no product to sell.
They have no money.
They have not confirmed any relationship with this ICO, which may or may not be a scam. That's substance.
They are swimming in debt, with no means to repay it. That's substance.
They have horrible corporate governance, with two brothers as the management, and the board, no oversight, no experience, high salaries, years of no performance, and countless related parties further siphoning off shareholder assets to family members. That's substance.
They have the worst capital structure I've seen in 30+ years of looking at small cap stocks. Truly ghastly. That's substance.
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