Thursday, September 13, 2018 10:27:50 PM
There has been a TREMENDOUS amount of hype with ZERO results. Yes, the form 10k was filed, but wasn't the most recent SEC filing rejected? I think it was eventually accepted, but that is still a yellow flag (at best).
The strongest case for a pump and dump is that none of the promises have come to fruition. Were tankers acquired? I remember that was the hottest talking point. "Network 1 is going to fund $25 million and we can buy tankers" Has that happened? I see no evidence.
In addition, what about these "acquisitions"? Ostensibly some Tennessee asphalt company was purchased, but by whom? Maybe it was TVOG, but I highly doubt it. Steve Helm please correct me if I am wrong.
Also, this a Tim Smith deal. He has a history of pump and dump. Search Timothy Clayton Smith and you will find a laundry list of pump and dump and investors losing their entire investment. Why would this any different?
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