PSYC Corporation (PSYC)

[transcendself]

customers who have actually used the mtrac system at an actual dispensary sound off!

I only remember one person ever saying they actually used the system, while at the same time revealing that there were other card payment systems in place in those same dispensaries, being used by customers.

it would not be hard to create a fake company... fraudsters have been doing this scam for decades. fraudsters milk the investors for every dollar they can with no plans to ever come through on any "forward looking statements".

their "why" they do this is, they are "frauds" (criminals). they aren't worth their pay, they are lazy and don't want to actually do work, so they create fake companies to make themselves Ceo of, that exist for a few years but show nothing but losses and expenses (that include inflated executive payroll), which are just tax evasion schemes, and give themselves a job where they don't do anything, because no one else will employ them.

my point is, they don't have a "decent product", they have been "left behind" by the competition in the "card payment" space, they know it, and now they are just trying to get every dollar they can from the market into their own pockets before bankrupting/delisting.