Friday, May 30, 2008 2:00:39 PM
Put 2 + 2 together and it tells you just about everything, including how they do just enough to get something they can pretend is really a business and get other people to give them those things and end up ripping them off.
Do not kid yourself and think that IF they got their act together they could promote this a real business. It never was a real business. They may have had a fantasy of it being a success a long time ago, but they also made sure to take the money and run each step of the way by diluting it into the ground.
That is how they paid for the things that were JUST ENOUGH to act like a real company like the TV ads and cause people to buy shares. That is the real business and there will never ever be a demand for anything they claim to have technologically. I saw these guys and they are not smart. Smart enough to sell shares and smart enough to use a shareholder like me who would volunteer to help.
I know because I wrote the script for those TV ads which they had produced for nothing in India and then broadcast on CNBC and Bloomberg. I should know because I told them to advertise on iHub and EliteTrader. Thinking I could help them succeed and at the very least help shareholders get out successfully was all fine and dandy if they had even a semi-decent product.
But they didn't and never will. It was garbage.
Any deal they make they try to cheat people on. They owe people money. That is well known. They are not interested in building a real business. How on earth can they earn $1M a year any other way than by selling stock? They can't even earn a few thousand a month from subscriptions.
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