A little more info on Get Fugu Inc.
First, a little background on Carl Freer...
(this is copy and paste)
"Carl Freer and it really is amazing read: He formed his first scam company in Sweden a long time ago, issued a false press release about a large order got the company bought out under these false premises and traded it for stock in an american company.He then reformed this company while keeping it´s place on the stockmarket and renamed it Tiger Telematics Inc. Then the whole thing played out with fake information of large orders released to investors used to drive stock prices up.
Gizmondos total earnings turned out less than the cost of leasing cars for Eriksson and Freer. Freer is described as a man who can gain anyones trust amd has had a criminal career in most european countries."
Now, where does this fit in?
Carl Freer does not run Getfugu Inc. BUT he does, however, hold approximately 51.5 million unrestricted shares of the company which amounts to aprx 35.7% company ownership. This company was formed on his idea.
Oh-boy...take it for what it is...but the foundation of this house sounds a little shaky!
