It is important for investors past and present and class action counsel to follow the similar template used over and over from the merger rumor PR's, acquisition Rumor PR's, Buy out offer PR's, Emerging market PR's that drag out to market maturation and then the eventual blaming on shareholders.
Access healthnet, Ramp Corp, Caredecision, Instacare, Decision Diagnostics. Hundreds and hundreds of millions in investors monies lost.
The hypocrisy is that all the PR's always exclaim how things will happen very shortly, imminently, how rewarding and enriching it will be to shareholders shortly. But in reality these hyped up buzz words attract investors to promote liquidity for these financing notes "one firm in particular in lichtenstein" to sell into the liquidity.
The last rumored 30 million settlement Keith M Berman touted ended up being less then 500,000 dollars if that , as it was mixed in with other legal funds on the purported, unaudited balance sheet. According to that poor accounting, owners of this company, the shareholders, do not really know how much of that was converted shares from financers or from an actual litigation payment.
Why a CEO has to talk 20 hours on a message board or even has the time to engage on a message board daily is further red flags.
When he and Mr Lyons had differences of opinions on the marketability of MD@Hand, something that Mr Lyons was an expert at, he was shown the door.
Same with the true creator of Shasta Genstrip.
a 20 year pattern of behavior. Ive known the man for 20 years and I have seen him extremely quick and proficient at stock issuances. I have not seen proficiency in any other aspect of business building or creating something of beneficial value to human beings and society.
