Tuesday, June 04, 2019 3:54:25 PM
Tons of PRs including forthcoming revenues and royalties and then a total disappearance of PRs or filings with no explanations (and ANCE has been the same management as ALYI).
i.e., because that is exactly what frauds do
A better question is why would you think that a company with no cash, one stretched employee, no other resources, really odd financials (consulting revenues - which are all the revenues - lower than consulting costs and those taking forever to convert to cash if at all), and management with a history of failure and the need to repeat fluffy PRs rather than waiting for actual news would be able to do the things they say they are going to (which change all the time - not strategically but just so they don't have to produce what was initially promised) and why would any potential customer, after doing a due diligence and background check choose this company as a supplier?
I don't like paying an entry fee for a party that doesn't exist - it's eating and drinking nothing.
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