Monday, October 30, 2017 9:04:00 PM
If you were this same inventor group and Michael O'Connor, would you be happy with the entry into the public market? The company is trading at over valued levels (see my previous posts) with average volumes dropping and a skull added to the symbol from an obvious promotion. Kevin Wright controls this company with the preferred shares that can vote anything equal to the issued.
The company issues a press release that said "... Appoints New CEO ..." yet Michael Dohaney was with the company at the time of merger. Is this not therefore a false or misleading statement?
Kevin Wright built the share structure and made sure he has a third party that is close to him. Do I have proof of this last statement, no. Can we all do the math? Yes. There was a 1:1000 share rollback which left 100,000 to 200,000 shares after the rollback. There were 67 million shares issued to the incoming deal yet there are 81 million share issued. The June 30, 2017 financial show that the only thing on the balance sheet was convertible debt. Why would everything else be off the financials except the debt? To convert it into at least 14 million trading shares.
This ihub board and the trading shows there is no current interest in this stock or this company. The posters here are the same as two weeks ago and they are all repeating the same things every day. Why am I the only one asking questions? When I ask a specific question of a specific poster, the question is ignored.
Where are the post-merger financials? These world class management people should have been able to get them done since the "went public" date.
This stock price collapses if there is a sale of 10,000 shares or more at the bid and there are shares looking to be sold at the ask (either the third party or the shorts). The third party needs to keep selling shares because it needs to pay $500,000 to the promoter according to the promotion website disclaimer.
I would LOVE to hear comments about all the above personal opinions from everyone. Other than that ---> mike drop
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