But, obviously something IS seriously wrong here. This is the second R/S they've done, btw. The first was a 1:10.
And I saw where they had a pretty sizeable financing deal done with Laurus Master Fund a couple years ago. That's never good to see.
I'm thinking the company got into serious financial trouble because of poor management and poor execution in consolidating the companies they bought. How bad, is the question.
And a BIG red flag has to go up over their decision to cease SEC reporting.
Lots of answers needed here.
Shayne can fool SOME of the shareholders ALL of the time.
And he can fool ALL of the shareholders SOME of the time.
But, he can't fool ALL of the shareholders ALL of the time!
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