Lenny, he owns the board. This is the "authoritative position" of the super preferred shareholder. It makes all the regular exec position secondary. He has complete voting and veto power. This is one reason Ervin got demoted/fired. This same thing happened in spsc with Genovesee; same position. He had pumped the stock up to just over $4. Then sold out his position in a few days and tanked the pps $.70 or so. He was being investigated by the sec because all the red flags were triggered. Also, the name Genovesee is an organized crime family name in New York. Goggle it if your interested. However, spsc had products and contracts. We have nothing but bs on the table, even with the new management. As I said, nothing really has changed. They will try some pump pr to increase the pps maybe up to $.03 or so, but end the end it will ultimately fail. They aren't businessmen, their con artist. Its just what they do like a professional bank robber or a professional hitman, its just what they do. Their sociopathic, meaning, reactive behaviour without conscious awareness of accountability or responsibility for actions. Read up on spsc if yu like. You'll see alot of parallels; execs quitting, etc. Sorry Lenny. It took me a year to catch on. I bought in last Jan/Feb @ $.19ish. Hate to say it but the bashers called this one bigtime.
AI
