Sunday, March 31, 2019 8:21:30 AM
Sure sounds like CEO doesn't care about employees.
"The Company recently received a demand from a former consultant demanding payment of amounts purportedly owed to the consultant. The Company believes that no amounts are owed to the consultant. The Company is reviewing all relevant facts and circumstances and considering all available legal options."
Jason the CEO actually has nothing riding on this and can dilute the company down to .0001 while still making a decent profit. If he really wanted to have something riding on it he would have purchased Classidocs from himself for $1. Instead he attached the $1.5MM valuation to it and we have yet to see a shred of customer proof.
I too got swept up in the glamour of it all in the beginning. Many solid pieces of others DD really opened my eyes. At some point a CEO making all these bad calls goes from looking like a rookie to looking like a pre-meditated crook. USM* partnership, toxic lenders, and using otc prohibit lawyers are all huge red flags. The SEC registration could be revoked in a few months given the major issues and mysteries of the shell. I am eagerly awaiting any SEC comments to be posted. Seeing as how FINRA doesn't seem to think LDSR is worthy of a name change approval I can't help but wonder what the SEC will say.
"The Company recently received a demand from a former consultant demanding payment of amounts purportedly owed to the consultant. The Company believes that no amounts are owed to the consultant. The Company is reviewing all relevant facts and circumstances and considering all available legal options."
Jason the CEO actually has nothing riding on this and can dilute the company down to .0001 while still making a decent profit. If he really wanted to have something riding on it he would have purchased Classidocs from himself for $1. Instead he attached the $1.5MM valuation to it and we have yet to see a shred of customer proof.
I too got swept up in the glamour of it all in the beginning. Many solid pieces of others DD really opened my eyes. At some point a CEO making all these bad calls goes from looking like a rookie to looking like a pre-meditated crook. USM* partnership, toxic lenders, and using otc prohibit lawyers are all huge red flags. The SEC registration could be revoked in a few months given the major issues and mysteries of the shell. I am eagerly awaiting any SEC comments to be posted. Seeing as how FINRA doesn't seem to think LDSR is worthy of a name change approval I can't help but wonder what the SEC will say.
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