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Saturday, August 29, 2009 8:02:20 PM
I am pretty sure, if I had asked any of the current holders of more than $1,000 worth of stock, before they bought their first share of BZTG stock if they would...
Buy several thousand dollars worth of stock in a company where they knew in advance that the man running the company for the first few years had concealed his name and only after being outed, admitted he was a man accused of fraud by several governmental agencies throughout the world and then, after being lied to consistently for a period of several years they would be asked to sign over their stock without recourse and send those shares to China or Thailand directly to this man with only the promise that they would receive cash which had previously been promised but where the promise had already been changed on more than one occasion and where they were promised they would receive shares in a newly formed private company with an equally questionable promise that this man would this time do what he had previously lied about doing, by performing an audit on the company in order to list it on a foreign exchange.
No rational thinking person would jump at the chance to take advantage of such an opportunity yet here we are witness to the obvious fact that people are about to do just that. They are going to take this stock they paid good money for and they are going to sign it over to Shayne and pay good money to send this cert overseas with absolutely nothing to show for it but the promise of a man who they know has lied to them from day one in hopes that he would do something he has never done... send them money and stock promptly in return.
I don't expect any of my posts to change the outcome at this point but this is an educational moment where people can learn how completely an otherwise intelligent investor can set aside reason in order to stay in denial and will even throw good money after bad to remain in denial.
I only hope Shayne asks the shareholders to include a money order for $100 payable to him to cover the exchange expenses. At this point I think they would send it, begrudgingly and it would buy him a couple of nice bottles of Dom to celebrate the nice touch. I know I would tip my hat to him if he did.
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