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Re: sumo tsunami post# 8130

Friday, 09/06/2019 9:42:12 PM

Friday, September 06, 2019 9:42:12 PM

Post# of 8214
From another ITKG source!


Just listened to the June 6 Conference call recording again. Hilarious!!

Doug begins by apologizing for the still delinquent SEC filings that were supposed to have been caught up 6 months earlier in January. He then promised to "get it taken care of" . That was 3 additional months ago......and still no filings or any commitment from this CEO/Treasurer.

Then he goes into a short commentary about PolyOne. "A great partner" . Sales from Surround...."YES". What he didn`t say was that all financial information was going to be withheld. It`s been 18 months now and we haven`t seen a dime of revenue reported. So much for his "measurable results" promise. So much for his Company Code of Ethics also. Like the SEC, those rules don`t apply to him(???).

Then he switched to the Pivotal "binding" agreement. "We looked at various paths" he claimed, but "our goal is to monetize the battery technology as quickly as possible". so we passed on all the actual battery manufacturers and went with a company that was formed in March of this year and whose address is a paid mailbox. Are we really that stupid? An agreement for an agreement whose promised conclusion was a week ago. I counted three times during the call that Doug promised more information in the next few days. That was 3 months ago.....it didn`t happen. No press release, no 8-K, and no new conference call. Not a word even on his "conductive" web page. Mr. Communicator is refusing to communicate.

For those who come here seeking information.....these are the facts. This is the other side of the coin that the pumpers want to ignore. All fully documented, where possible.

Caveat emptor, let the buyer beware.


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