Not only is that a pretty serious accusation it would not be possible through a 3a10. It would easily be caught by transfer agent, brokerage firm, lawyers and the court. There are so many checks in that transaction that its really not possible. So if he didnt do it through that how did he do it? Nextcast is a privately owned company that actually produces products. How do they pay the bills and still pay off ceo's?
You are guessing at best here and I am not sure what the point your trying to make is. You accused the company of running the company out of the house based on you going to PO Box? The website clearly says that the address is a mailing annex. They dont want people at the office for security reasons. Thats been known for some time. The office in TX is a leased space. Whats wrong with that? The office in Nevada is a shared space as well. Whats wrong with that? The company is selling product and has revenue for the first time in 5 years. Whats "shady" about that? They have released professional marketing videos and pictures of products. Have you seen the amateur videos from 5 years ago or their website back then!? They were really bad. This shows improvement across the companys brand and management. If they were defrauding us, why waste money on improving the products you have no intention of selling? Even if the ceo was getting paid somehow, why does it bother you that he receives a salary for his work? In my experience you get what you pay for and trust me, you dont want folks working for free. One of the concerns my partners and I had from the beginning was the very low salaries in this company at the time. People dont stick around for minimum wage.
3-4 years ago the company had ACTUAL crooks in it. The price was higher but it was NOT trading worth a damn = no market liquidity. The only time it traded was when the crooks wanted it to. The ceo fired those fellars and then set about to undo the damage. 3 years later the company has a product on the market that we all can see and touch, the company has revenue for first time in 5 years, they trade on average 45 million shares a day for the past 30 days (above 10 million a day for 4 months or so and above 8 million for more than 9-10 months?), has pictures of actual products made, videos of TWO surgeries for 2 different products and has more shareholders now than ever before (at last it seems that way to me). Most of this has happened in the past 2 years and you dont think thats impressive? Thats a pretty high standard to hold folks to. Perhaps you should call the company and offer your services because I dont believe I could do that so you are a better man than I am. A lot of complaints, accusations and conspiracy theories that are not backed up with facts and actually seem to contradict what we have actually witnessed. This ceo has stuck with the company and turned it around when it would have been easier to just shut the company down and start over. That tells me a lot about his character.
Calling for a ceo to step down is pretty serious and should be thought through before suggesting it. IMO
It should also be backed up with facts and serious malfeasance on the part of the ceo. I dont see evidence of that. I do see a lot of mistakes they made but that doesnt support removing the man anymore than California wanting to remove the President because they dont agree with him or his strategies. Mr. Umbra said by the end of this year the company will be up-listed. Why dont we see if he actually does it. Hes at least earned that much with me
