IF ONLY MATTYBOY WOULD READ THIS--
There seems to be a lot of uninformed and unsophisticated "investors" on this board, on both sides, and I use the term "investor" lightly because anyone putting money into this stock is NOT and investor but a speculator --- with very poor judgment, or a pumper in some ways complicit with the misinformation being put out..
1. How can anyone be surprised that the financials are late. Has this not been the trend over the years? Bottom line is that this company is in a horrible financial state and is not likely, in my opinion, to ever recover, at least for the shareholders!
2. For those who keep saying that the Moore family are making money off of share sales, you are somewhat incorrect. The MOore family hardly own any shares in the POS company. According to filings, they own a meagre 19 million shares OUT OF ABOUT 8 BILLION!!
DaddyMark, Momma Kim and Mattyboy make money by taking on large convertible financing from death spiral financiers, from which they pay themselves large salaries. They don't have shares to sell themselves---they control the company through prefered voting shares
I believe that you will find that the guy making the most money in this company, and the only one making money is Gabe and his lending company. And, you can bet that he's making a lot lot lot. Gabe probably has options on well over a billion shares at price points so low that he can sell it down to .003 and still be making a profit.
THIS DOESN'T LEAVE MUCH FOR SHAREHOLDERS.
Whoever the chumps buying this stock on a daily basis are, they are simply allowing toxic debt financiers to exit they're positions and put another $100,000 in their pocket. Not bad for an everyday payday!
WHAT ABOUT KICKBACKS?
