As much as I want to see THE REASON I bought this stock finally be brought to light, which is the JV of course, you have to admit there are plenty of red flags popping up around here over the last 30 days. I don't think it is any reason to trash the company yet but it has made me very wary to say the least.
I was originally told the company was cleaning up all the "grey area" to be squeaky clean in order to attract a large(top 4) bank Steven had been in contact with. This was to provide microfinance loans to small, "mom and pop", troubled neighborhood, $25k(approx) loans to average people with little credit and capital who traditional companies wouldn't touch but had a strong and needed business idea. I'm not against everything that is currently going on but it is a lonnnnng way from the original game plan.
I should have known from the previous financing endeavors Steve has been involved with but really love the idea of microfinance when it is done legit. Really, really hope this thing plays out like we all hope and we all can make a ton of money with what could be a great company.
And on the "red flag" topic...this has been the worst summer I have ever seen with the amount of B.S. going on with some of these CEO'S. I appreciate everyone's opinion as long as it is not "bashing".....MASTER, I appreciate your contributions because IMO they keep us all on track and hopefully everyone stays on the money train.
