FrankSpeech Network Inc (FSBN)

[New 2 This]

The contract REQUIRES the company to issue the shares and doesn't care who's in charge, as soon as they don't GGI sues. Take a look at the few companies who have tried to protect their shareholders by refusing to issue shares to GGI for them to short.

GGI will dump the shares they own at a fraction of the current market and then sue the company. The have an attorney on staff just for enforcing these contracts. I've done extensive research on GGI/GSEI and very, very few companies they touch are ever able to avoid the "death spiral". BTW, Fleming gets a percentage of everything GGI makes on the deal, has "Glenn" signed on to that?

The only way to make money on this deal is to short it. And you'd better hurry because judging from past experience this will R/S within the month, in my opinion. Remember, it was only a few months ago that this company (it is still TGLN, right) did a R/S taking the existing shareholders down to less than a 1M and then issued 385M new shares to Fleming and his group.

I see nothing that tells me they won't do it again. "Glenn" may be a great guy, but according to the filings he has put zero hard assets into this deal, he doesn't really have anything to lose, unlike the shareholders who have paid actual money for their shares.