Advanced Container Technologies Inc (ACTX)

[JimDale]

90% of PR's the last 2 years are false....

During the prior 2 years, the company put a series of small "updates" (that's an overly kind way of putting it), touting that even though they were working furiously to get all the auditing and financials in order, the company was still wheelin' & dealin' and making record sales with the major Canadian LP's right and left.

Fast forward to the most recent 10-K and subsequent 10-q's, shows rather flatly that the time period these "record" revenue periods were supposedly occurring, actually shows MASSIVE revenue drops and debt increases during the same time. Obviously now the company has gone all but silent on social media, and it would be a bonafide miracle to get ANYone from IR to answer or respond....

I've been bearish but hopeful on these guys for 2 years, giving them just enough benefit of the doubt to be proven flat wrong in the process. I'm glad I sold my shares when the price jumped back to $0.20. I have seen absolutely no reason to buy back in. Management has taken a promising niche product and company and destroyed it within a span of less than 1/2 a business cycle. That's almost the only impressive thing they've ever done.

Shane and Curt Fairbrother are flat crooks.