I've done absolutely zero dd on this company. However, from reading the posts on this message board, it appears the company already has a working product with revenues. That is FANTASTIC.
In a previous post, I said this company is likely a scam due to Ray Willenberg being involved. I'd like to retract that statement.
Here's my official opinion:
Ray Willenberg is a liar. There are no if, ands, or buts about it. His only skill is in raising money. The type of folks he's involved with for fundraising are the type of people who don't care anything about the company in which they invest. Their only concern is in being able to get a hefty ROI whether or not the company succeeds.
If I were a shareholder in this company, I'd be asking myself why they brought on someone like Ray. I haven't read any filings. However, I'd be willing to bet this company hasn't been able to get enough funding so they're about to resort to major dilution to get it.
Label me a basher if you wish. However, any reasonable person will see that this is a reasonable post. Hold your shares for crying out loud. But AT LEAST do some dd on Ray. He's as crooked as they come. The share price may shoot to 10 cents. That doesn't change Ray's past and the fact that he swindled folks out of money.
As for me...I've moved on. I haven't been to ihub for probably six months. Just a few thoughts and I'm disappearing. Best of luck to all.
Michael Wolf
