I would have to agree with. It will take some time to find out the true story but when I say the S-8 filing I should have run. Most companies that file s-8 for shares with few employes and not making money is a scam for the top few to line their pockets at the expense of the share holders. Just look at MTTG.ob The CEO makde millions off of S-8 filings while the company never made money. He lined his pockets. I do believe if he did not registered the shares then definetly will be a lawsuit. I got screwed. If I ever see any other S-8 with a company without earnings I will run.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.