Solidus Communications Inc (SLDC)

[ctrumabll]

Not entirely true, but a good way to bet.

Here's how I call it:

95% scam

4% not a scam per se, but run by people so incompetent and/or past their core competencies, that they are doomed anyways.

1% not a scam and run by worthwhile people. This doesn't mean that they are guaranteed success, because even in this scenario, the usual odds of a startup succeeding (i.e. very low) apply. To use an extreme example: non-fraudulent junior miners and oil explorers (I know, that is looking for a lost diamond ring in an Olympic-sized pool of feces, but Barrick Gold started that way).

Sometimes, in the life of a company, there can be a shift. I will use the (former) RDXM as an example. They started with what they thought was a good idea for a product, but it turned out to have no real market and the company was swimming in debt after development costs and failure to get orders (making it part of the 4%). Then, after the original crew left, it was taken over by a scammer who sold a lot of stock as the company operations ceased (part of the 95%).