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Thursday, December 05, 2019 11:24:22 AM
Well sign me up then!
That's slightly better than a "good enough" PR, but not as encouraging as a "not too shabby" one.
I'm curious what made it satisfactory for you? Did you do any DD to substantiate the PR?
I don't even think that's possible, except to confirm that a website with the name Magnifind does exist.
AFAIK there's only been a single PR, claiming that MedGen has a Letter of Intent to acquire some little startup.
Did you somehow manage to verify any of that?
So they supposedly have a letter...that's all? Barton had real products and it was still a scam.
I don't think there's a business licence (Canadian spelling) for Magnifind, or any verifiable ties to MedGen.
So what exactly makes an unverified PR put out by a stock with a long history of corruption "satisfactory" in your mind?
Do you know anything about its author or whether he's screwed over investors in other companies?
Blindly believing PR's is what got me and many other stinky-pinky investors into so much trouble!
The Barton gang and the nutty professors all taught us that pinky PR's are anything but reliable (even if they appear satisfactory").
From what I've observed in pinkyland since MedGen was busted, once the SEC shows up and plays their hand, the game is over.
I've yet to see a stock recover with new owners and a new business after being charged with fraud.
I've seen some revoked, but not revived.
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