I called Tyrus..This is a recap of our conversation ......It "has answers man"
People are dangerous if they don't have there facts straight..Some take a morsel of fact and expand it in any direction that suits a narrative.. Quotes like" I am a notorious penny scammer " Are completely False.. who has Wards lawyer bilked out of funds? Nobody. In 17 years of working for many public companies, he has never recommended reffered or signed up anyone for the issuance of shares..
He was licensed in 7 states...however ,the licenses were not yanked out from him..Due to A legitimate issue with California they mutually decided to withdraw the license.As such, the other 6 were reciprocal licenses that terminated along with his home state..There were no fireworks and essentially,none were needed any longer.
People are totally off base in promulgating that he is dishonest..Yes,25 years ago he did make a couple of mistakes,however,neither of the( two,not multiple) were not related to being dishonest..The federal one only became an issue because he was too honest and forthcoming.It was later analyzed that he didn't even commit a crime! In the second(State) crime I was not convicted,but because I plead Nola contendre( no admission of guilt) Heshows a conviction in a he said,she said situation..As such,mentioning them here is meaningless.
To all who read the OTC pink sheet disclosures and financials,Always beware..The financial statements don't even qualify for the state-of-the-art a compilation.They are essentially company produced financials that have no audit or even compiled standards..He takes what the company supplies and put it into GAAP based financials without examining the data past coordinating into proper financial format.. you will note that the OTC doesn't require the accountant to sign the report.only the CEO and Principal Financial Officer..
Further,people are partially wrong,when they say he doesn't expose corruption..He has reported some to OTC who he found to have committed fraud. However, he generally will not prepare a report for someone who he has found to possibly misled in the information required. Even at the audit level, has anyone ever seen an adverse opinion....where auditors deemed the company so bad that they actually gave a bad opinion ? No,because all of the CPA firms he has worked with resign befor having to issue that type of opinion.
Without his agreeing or disagreeing with vitriol aimed at CMW,he find's comments irrelevant to the preparation of the OTC reports..Peoples objection to the promises he has made in regards to the company and its future.The OTC report does not reflect any sort of promises or projections of future revenues. It's an historical document reporting on the period(in the past) it is related to. Virtriol is irrelevant..
Bullish
