Soon to be deleted, like 99% of the crap once popular on Ihub.
This company cobranded devices made by another company. They in essence, put their logo on a product by a company that sells impulse buy products at places like kmart etc whereas the product you are getting is garbage in comparison to 'big name' storage companies.
To have investors involved was the scam. If anything, this shoudl have been a very small home office operation selling to local stores there in salt village. Instead, he (plant) tried to take it to a higher level and figured that by cutting corners and wowing people he could take it to that level. Unfortunately, he got caught - people figured things out eventually too.
Not a scam in the sense of, he wanted to take money from people and run, but in the sense that it was a HUGELY inflated company in the sense of what they do and what they offer. It was a nice change from the stocks that promise they will do something (cure cancer, turn dirt into energy, harvest submerged amazonian river logs)...alas - a promise of not is still a promise of not.
