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Monday, February 03, 2020 6:26:03 PM
But not sure you understand why people are so cynical, angry and frustrated
When this company listed, $5,000 got you 3,333 shares...($1.50)
A few years later, $5,000 got you 25,000 shares ($0.20 )
Now I assume they are still raising cash and I assume at 1 cent --- you couldn't raise at a premium given the history
$5,000 will get you 500,000 shares
Along the journey all sorts of wildly exaggerated claims of "things about to happen"
So those like me who ignored the red flags ( one person company, series B shares, random awarding of more series B shares, no oversight over expenditure, 51% voting rights giving her total control and clearly an inability to get funds from institutions because of the aforementioned... where does one stop)
Even if this stock rises from the dead have a look at how she has set up the profit sharing scheme re revenue....
Try and reconcile that revenue incentive scheme with how investors have been treated
Perhaps she could assign those Series B shares to existing investors
Let me know when you can attend an Annual Gen. Meeting and discuss with her this remuneration scheme
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