Followers | 172 |
Posts | 18606 |
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Alias Born | 11/29/2010 |
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Wednesday, April 14, 2021 4:07:04 PM
https://money.cnn.com/news/newsfeeds/articles/prnewswire/NE97116.htm
You also acquired ART CHANNEL INC from your sister for $18.2 million.
Q: Did she pay income tax on that sweetheart deal?
Q: Who decided her ART CHANNEL was worth what you paid?
Q: How'd that great investment pan out for your non-family/ non-insider cohort investors? Suckers who bought ARTS stock were wiped out.
As far as the CEO's you installed.. YOU picked them (Luther Jeffries and Jorge Saenz) knowing both had ZERO experience running any company of consequence much less a public one.
You clearly didn't conduct any credible DD when you installed a WANTED FELON/THIEF as CEO of PRPM then SUTI. Not only that, you secretly slithered back in bed with him after he spent a year in prison and named his obese buddy who sells used tools at Florida flea markets as the new owner/manager of SUTI. It's right there in your SOS filings...just after you named the ex-con as "president" the day before (8/16/17). It's there in Facebook posts..."I'm the new owner of SUTIMCO and Eddie Vakser will NEVER be a part of yhis company again.." Yeah well.. 6 months later SUTI "principal and mailing addresses" are back at your house in Plano.
So did you "vet" the tool guy? Obviously not...or more likely you could care less. The ticker was comatose and you were happy to have a warm/sweaty body with no felonies to serve as front man for Luther's scam to solve "Americas opioid epidemic".. an epidemic he apparently succumbed to on the eve of your "kratom" launch.
For all your self-proclaimed business savvy you repeatedly team up with crooks, con men and grifters...and create nothing lasting for investors. Perpetually raising money and picking each others pockets isn't legitimate business activity. It's "bad faith" and you know it. FOR SHAME.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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