Tuesday, February 05, 2019 2:17:55 PM
As if a companies self promoting podcasts and PR's represent due diligence.
How about analyzing financials? How about researching the growth in O/S.
How about investigating Optimus Fulfill to discover they are a start up without the capacity or equipment to fulfill a 2 million can run, let alone 20 million? They will farm it out. How about looking at the shareholder deficit? What happened to all that money? How about asking management about the deleted podcasts? What were they afraid of staying online? What about investigating their long list of failures? How about investigating the creation of a new class of stock solely for the purpose of usurping the control of the Ms. Li preferred control block.
Podcasts and PR's are tools for promoting the company (selling stock). They are NOT due diligence
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