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Wednesday, September 02, 2020 8:14:00 PM
1) George gets a hefty salary along with hundreds of millions of shares AFTER having a reverse split on the stock when he assured everyone that no reverse split will occur.
2) He gets people to “invest” money in this do nothing company, where either
a) It gets pumped and they can cash out with massive profits by selling their shares they acquired at a set price, a price which was extremely low (.0004 presplit)!
b) It sits in the gutter and he gets other “investors” to loan him money at a pre-set price so that he can pay the prior year investors (Pyramid scheme anyone?) their money back, with a nice interest BTW!
3) There is no product for sale, even though this product was promised will come to market in 2017 and already had investments. Competition is fierce in this space so there’s no assurance that it will even sell IF it ever does come to market. A product doesn’t equate to a business.
4) There are investors stupid enough to apparently buy shares of this “company” at $.10 a share, even as the current price is below a penny!
Quite the racket he’s got here!!
Some people make money by any means necessary, and it’s truly pathetic.
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