Cartel Blue Inc (CRTL)

[rscomps]

The problem I have with this company isn't that it's so young. I've started a few companies myself (all financed either out of my own pocket, or VC), and I know how rocky the ride can be in the first few years (yes, not months, years). So if that was the case, I'd have no problem with it. My problem is that the company lied through its teeth each time it needed money, and wouldn't even bother with updates to shareholders in other times. It also missed its own deadlines without as mich of a word that it did or why it did so. If this was a private company, it wouldn't have to answer to anyone but the IRS. SInce it chose to go public, its responsibility is to its shareholders, which responsibility it shirked, and went fursther than that with fraudulent PRs.