Wow! You guys are impatient! Yes, I had a very informative lunch meeting with Andre yesterday and let me be the first to say from my view point, the guy is no crook and had nothing but good intentions with building this company. Its pretty simple...he was the scape goat of investors who used him and his lack of knowledge in the public company/ stock world.
Andre started this company from nothing and made it into a REAL and quite interesting company with a great concept. I think we can all agree on that since we did invest in it. He went out did all the foot work and research regarding the industry and grew quite fond of making a it a unique company with great potential. Some how he was introduced to investors who wanted to give the company the funding to get off the ground. Of course, all he needed to do was a reverse merger into a pinksheet shell and guess who owned all the stock of this shell. Yeah, they gave Andre the majority of RESTRICTED shares and made it look like he stood the chance to make money from the market as well as the company. What Andre didn't know was he could do nothing with theses RESTRICTED shares and still can't do anything with them. I reviewed the charts with him and it was obvious when the pump and dump occurred. These funding guys told Andre all this great BS regarding funding a marketing plan and being involved for the long term of the company. Andre had attorneys draw up a contract and guess what happened...these guys told him the next week after funding approxiamately $10,000/month over an 8 month period, that they could no longer fund the company.
Well Andre is just like most people, he's not rich by any means and could not afford to pay for company operations out of his own pocket. So he attempted to do what he could with stock, in which he admits to having no idea of what he was doing and got the company's share structure in a "pickle". Also coincidently at this time "friends" of these funding guys had shares become unrestricted putting the share structure in even more of a mess. Andre, has been involved in an in-depth legal process concerning this ordeal, which is why he could not say anything.
I did mention this message board to him and he had nothing but really really bad things to say about what he called "ignorance and stupids" looking to get a ride on his hard work and to some degree he feels some of the people such as someone called called "FPLFihubmob" or something to that effect sent him very inmature and threatening e-mails, so he just discontinued to even try and communicate with investors with the advise of his lawyer.
You guys must understand that these types of things happen daily in the pinksheet world and if you can't afford to take a loss, then you should stay away.
Andre is not the one to hold your rediculously bad personal fate wishes toward and bad feelings towards. I know he is the only name you guys know, so your anger had to go somewhere I guess but I can certainly see that most of you guys are "green" behind the ears when it comes to these types of investments.
He tells me there are some updates coming and he plans to start things over. I asked what he meant by that and he wouldn't say but I can tell you to look for news and changes reagarding the company next week.
Hope this helps...
AI
