The "best DD" was a pure fabrication, a lie constructed to dupe the naive into buying the stock of this company so they could flip it for profit. Happens all the time on the OTC and it happened here. Companies that are liquidated and shutdown, left devoid of assets, employees, business operations, whose corporate charter is now void due to non-payment of taxes and delinquency of annual reports, don't get "bought out." That was complete nonsense, and those who pushed it knew it.
An attempt to appear "logical" fails when it doesn't stand up to basic math. Tell me, logically, why anyone in their right mind would fork over $22 for stock that had its ticker deleted at a nickel after it was liquidated and shut down? Tell me, logically, why a company allegedly valued at $100's of millions to nearly $3B (at the PPS being touted) would go bankrupt for $100M of liabilities they couldn't pay?
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
