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They have multiple wholly owned subsidiaries with their

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Ecomike Member Level  Wednesday, 05/15/19 07:26:17 PM
Re: kenny54 post# 83188
Post # of 83381 
They have multiple wholly owned subsidiaries with their own accounting, operating revenues and costs that these creative accounting reports come from claiming magic profits, and Ponder works for non of the them, he works for the non-operating SGSI shell-holding company with a $350,000/year golf course bonus pay check (Called salary) with lots of Sand Traps no doubt.

So they hide all the massive debt and losses and over paid CEO salary of $350,000/yr

plus perks like 90% of the OS share hand outs Ponder and Keith and gifted themselves

shortly after wiping out existing existing shareholders with a 200:1 R/S lie that it was to raise the stock price for an uplist to Nasdaq
.

That was an obvious untruth, LOL, as they sent the stock OS up 3300% with massive candy share hand outs to insiders.

Insiders who just, once again, lost 2.5 million dollars in 12 weeks..


If the Amazon CEO, or Google or Facebook CEOs had an operation like this under them, heads would role, figuratively speaking, as in pink slips on steroids would be flying everywhere.

This wash rinse repeat cash burn stockholder Mugging, scam has been ongoing, under prior ticker-names, of Genesis, ICLD and now SGSI for almost 10 years.

All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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