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Alias Born | 11/29/2010 |
Thursday, August 03, 2023 12:25:52 AM
Firstly, I was proven 99.99% right about Ken Patel. If anyone here thinks I was unfair to him they're free to point it out.
Secondly, regarding Rick & Byoplanet-- obviously I do an autopsy on all such claims. I questioned why Clorox sued him. I asked why his products were materially better than others on the market. And I felt his "third party valuation" was likely misleading because it only spanned the years during the Covid pandemic when his business skyrocketed. Even he admitted that in an article saying that they had produced/ sold an average of 50 units per month for the decade preceeding that. I felt it was likely highly misleading to extrapolate future value based on that Black Swan event.
Aside from that I repeatedly said I thought BYO was a legitimate company but that (1) the merger hadn't been approved by anyone but Rick and Tad and (2) that a reverse split was not only rumored by both Tad and Rick but highly probable. I've not personally seen an R/S in OTC that proved beneficial to current shareholders.
My intention is to get to the truth. Anyone is free to prove me wrong
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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